You are looking at the car that is currently selling at $65,000. Classic Autos is offering free credit (i.e. no interest charged on the borrowed amount) on the car. You pay $10,000 down today and then pay the remaining balance at the end of 6years. Premium Motors next door does not offer credit, but will give you $20,000 off the list price if you pay cash now. Assume annual compounding with 9% discount rate. Which of the following statement is TRUE?

	A.	Premium autos is offering a better deal since its PV of cost is approximately 500 lower than that of Premium Motors.
	B.	Classic autos is offering a better deal since its PV of cost is approximately 2,200 lower than that of Premium Motors.
	C.	Classic autos is offering a better deal since its PV of cost is approximately 600 lower than that of Premium Motors.
	D.	Premium autos is offering a better deal since its PV of cost is approximately 2,400 lower than that of Premium Motors.