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You're thing to save to buy a new $180,000 Ferrart. You have $29,000 today that can be invested at your bank. The bank pays 3.6
You're thing to save to buy a new
$180,000
Ferrart. You have
$29,000
today that can be invested at your bank. The bank pays 3.6 percent annual interest on its accounts. How long will it be before you have enough to buy the car?\ Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32:16.\ Length of time\ years
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