A local car dealer is advertising the choice between 0% financing for 60 months or a $3,500 rebate using alternate financing. A buyer checks with her local credit union and can obtain alternate financing through her credit union at a 6% annual effective rate for 60 months. No down payment will be made under either offer and payments begin one month after purchase. Determine the price of the car at which the buyer is indifferent between the two offers.

(A) 25,379 (B) 26,002 (C) 26,198 (D) 26,842 (E) 26,998