Peter and Reesa can book their Horizon Holiday package at the early$-$booking price of $$3900,$ or wait four months and pay

the full price of $$3995.$

a$.$ Which option should they select if money can earn a $5\mathrm{.}25\%$ rate of return? $($Do not round intermediate calculations and

round your final answer to $2$ decimal places.$)$

Peter and Reesa will save $

in currect dollars by

$.$