83.................................
Answer:
3b^7a^6c^9/64
Step-by-step explanation:
I'm assuming the funds earn 5% yearly?
Call x the amount he saves every year. The first year's deposit will be multiplied by 1.05 three times, the next will be multiplied by 1.05 twice, the third will be multiplied by 1.05 once, and the fourth will not generate interest (as it will immediately be used to buy the car).
Therefore, x(1.05^3+1.05^2+1.05+1)=21000, so 4.31x=21000. Dividing by 4.31, we see that x is approximately equal to 4872.
Percent = part/whole
It wants you to find the % of change so it's 3.25 / 3.75
And that comes out to be 0.86 (with the 6 repeating)
So you move the decimal over 2 places to find the percent.
And then it's 1 - Ans
The answer is 13.33%
