Question 984384
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Simple interest:


*[tex \LARGE \ \ \ \ \ \ \ \ \ \ A\ =\ P(1\ +\ rt)]


With your numbers:


*[tex \LARGE \ \ \ \ \ \ \ \ \ \ 17360\ =\ 14000(1\ +\ 0.08t)]


You need to solve for *[tex \Large t].  The answer is greater than 2 years, by which time the price of the car will have increased by $500-$1000, and she still won't be able to buy it.


John
*[tex \LARGE e^{i\pi}\ +\ 1\ =\ 0]
My calculator said it, I believe it, that settles it

*[tex \Large \ \
*[tex \LARGE \ \ \ \ \ \ \ \ \ \