You Intend to Purchase a New Car Upon Finishing University

You intend to purchase a new car upon finishing university in two years.It will have a cost of $29,371,including all extra features and sales tax.You just received a $3,000 pre-graduation gift from your rich uncle that you intend to deposit in a money market account that pays 6% interest,compounded monthly.If you use the amount in the money market account for a down payment,and take out an auto loan for the remainder,how much will you need to borrow? (Round to the nearest dollar. )

A) $29,371
B) $25,880
C) $26,371
D) $26,000