you would like to buy Tesla model 3 car. the car loan requires payments of $600 per month the first year and payments of $800 per month during the second year and also payments of 1200 per month during the third year the APR is 25% and payments began in one month. what is the present value of the three year loan?

a) $22,905. 97

b) $15,905. 97

c) $18,905. 97

d) $20,905. 97