You are planning on purchasing a new car and have your eye on a specific model. You know that new car prices are projected to increase at a rate of 5% per year for the next few years. Find the cost of the car 3 years from now if the current price is $26,000. Write the equation that represents the projected cost C and provide a solution for the problem. a. $81,900 c. $82,404.45 b. $30,098.25 d. $74,285.71 Please select the best answer from the choices provided