Present and future value tables of $1 at 3% are presented below: 1 N FV $1 PV $1 FVA $1 PVA S1 FVAD S1 PVAD $1 1 1.03000 0.97087 1.0000 0.97087 1.0300 1.00000 21.06090 0.94260 2.0300 1.91347 2.0909 1.97087 3 1.09273 0.91514 3.0909 2.82861 3.1836 2.91347 4 1.12551 0.88849 4.1836 3.71710 4.3091 3.82861 51. 15927 10.86261 5.3091 4.57971 5.4684 4.71710 61.19405 0.83748 6.4684 5.41719 6.6625 5.57971 71.22987 0.81309 7.6625 6.23028 7.8923 6.41719 8 1.26677 0.78941 8.8923 7.01969 9.1591 7.23028 9 (1.30477 10.76642 10.1591 7.78611 10.4639 8.01969 10 1.34392 0.74409 | 11.4639 8.53020 11.8078 8.78611 11 1.38423 0.72242 12.8078 9.25262 13.1920 9.53020 12 1.42576 0.70138 14.1920 9.95400 14.6178 10.25262 13 1.46853 0.68095 15.6178 10.63496 16.0863 10.95400 14 1.51259 0.66112 17.0863 11.29607 17.5989 11.63496 15 1.55797 10.64186 18.5989 11.93794 19.1569 12.29607 16 1.60471 0.62317 20.1569 12.56110 20.7616 12.93794 You want to invest $20,000 today to accumulate $22,500 to buy a car. If you can invest at an interest rate of 3% compounded annually, how many years will it take to accumulate the required amount