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Gmat_mission
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Rishi spends \(\$1054.69\) on rent each month and receives a set monthly income. In January, he saved a certain amount, and for each following month, he saved \(\dfrac32\) as much as the previous month, spending all his remaining income. How much had he saved by the end of the year?
(1) In August, if his rent were \(\$54.69\) less and he had saved \(\$8.80\) less, his rent and the amount he saved would have been the same.
(2) Each year, his rent is \(\dfrac{12}5\) of his savings.
Answer: D
Source: Manhattan GMAT
(1) In August, if his rent were \(\$54.69\) less and he had saved \(\$8.80\) less, his rent and the amount he saved would have been the same.
(2) Each year, his rent is \(\dfrac{12}5\) of his savings.
Answer: D
Source: Manhattan GMAT
