You're trying to save to buy a new $275,000 Ferrari. You have $50,000 today that can be invested. If you believe your mutual fund can achieve an annual rate of return of 11.2 percent and you want to buy the car in 9 years (on the day you turn 30), how much must you invest today? Input area: Number of years Interest rate Future value 9 11.20% $275,000 (Use cells A6 to B8 from the given information to complete this question. Your answer should be a positive value.) Output area: Present value