
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system
Nolan is using part of the money he saved from his part-time job to buy several equally-priced books. He used one third of his money to buy one quarter of the books. What fraction of his money will he have left after he buys all the books?

Present the answer in LaTex format: \boxed{Your answer}
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