Question: 3 points You ve decided to start saving for a down-payment to purchase a new Ievota Supra E., Assume that you can find a bank

3 points You ve decided to start saving for a down-payment to purchase a new Ievota Supra E., Assume that you can find a bank that will pay you 7.4% annually on any deposited funds. You believe that you'll need to have a down'payment of at least $7000.00 to obtain financing at reasonable rates when you buy your new car. You currently have $5,344.90 that you can put into a savings account. Assume that you deposit all of the funds you currently have in the bank account today and make no additional deposits or withdrawals. How long will it take your deposit to grow enoush to have the down-payment you need to purchase the vehicle? note, answer in years, rounded to the nearest tenth of a year. l. . . f your answer is 12.3456 years you should enter 12.3 as your

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