Ava wants to purchase a new car. She has saved $9,000 for a down payment for a new car. She knows that she can afford to pay $12,000 per year and that her bank will charge her 5.75% interest on the car loan. She intends to pay off the car in 5 years. Interest will be compounded annually. Of the following, which is the most expensive vehicle in her price range that she could consider? (HINT: Don't forget the amount of the down payment that Ava has saved.)
A. A Mercede selling for $53,015.
B. A BMW selling for $58,500.
C. An Audi selling for $50,500.
D. A Tesla selling for $48,100.
