Ravi purchased office equipment by agreeing to mako monith end payments of $$300$ for the noxt $4$ years. Ar the time of the purchasg, monoy was worth Dedack compound d monilly What wad tha equivalent purchate pice?

a

$$10912\mathrm{.}20$

b

$$15369\mathrm{.}12$

c

$$12500\mathrm{.}90$

d

$$12236\mathrm{.}75$