Bart Simpson ,age 10, wants to be able to buy a really cool new car when he turns 16. His really cool car costs $21,000 today, and its cost is expected to increase 1.5 percent annually. Bart wants to make one deposit today into an account paying 6.45 percent annually in order to buy his car in 6 years.

(a.)How much will Bart's car cost ?

(b.)How much does Bart have to save today in order to buy this car at age 16.

Solve this problem using a financial calculator and show each step of how you came to each answer.