Question: Bart Simpson, age 1 0 , wants to be able to buy a really cool new car when he turns 1 8 . His really

Bart Simpson, age 10, wants to be able to buy a really cool new car when he turns 18. His really cool car costs $19 comma 000today, and its cost is expected to increase 3 percent annually. Bart wants to make one deposit today(he can sell his mint-condition original Nuclear Boy comic book) into an account paying 8.1 percent annually in order to buy his car in 8 years. How much will Bart's car cost, and how much does Bart have to save today in order to buy this car at age 18?
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Part 1
a. How much will Bart's car cost after 8years?
$
enter your response here(Round to the nearest cent.)

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