Question: You are trying to save to buy a new $48,572 Lexus.You have $28,000 today that can be invested and you believe you can reasonably earn

You are trying to save to buy a new $48,572 Lexus.You have $28,000 today that can be invested and you believe you can reasonably earn a 5 percent return on your funds.How many years will it be before you can drive off in your new Lexus? (Assume the price of the vehicle remains constant)

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