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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

image text in transcribed
You're thying to save to buy a new $180,000 Ferrant. You have $29,000 today that can be invested at your bank. The bank pays 3.6 percent annual interest on lits 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. You're thying to save to buy a new $180,000 Ferrant. You have $29,000 today that can be invested at your bank. The bank pays 3.6 percent annual interest on lits 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

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