Dean is planning to purchase a new NissanAltimawhich costs$26,865. He has saved up $3,200 to put toward it. He is thinking about getting a loan for it from his credit union, but he could also keep driving his beat-up old car for a while longer and save up cash for the new one.

Possibility Two: Saving Up

Assume Dean puts his $3,200 in his savings account, which has an APR of 1.2%.Dean knows he could afford the monthly loan payment that we calculated earlier. If he deposits that amount into his savings account every month how many years will it take him to save up for the car? Round your answer to two decimal places.