Question: (B) You're trying to save to buy a new $199,000 BMW 3 series sedan. You have S49,OOO today that can be invested at your

(B) You're trying to save to buy a new $199,000 BMW 3 series sedan. You have S49,OOO today that can be invested at your

bank. The bank pays 47% annual interest on How long Will it

be before you have enough to buy the car? (Do not round

(B) You're trying to save to buy a new $199,000 BMW 3 series sedan. You have S49,OOO today that can be invested at your bank. The bank pays 47% annual interest on How long Will it be before you have enough to buy the car? (Do not round intermediate calculations and round your final answer to 2 decimal places.)

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