Internships are among the top skills that employers want

The shorter the distribution channel, the more intermediaries there are that must be persuaded to carry the product for it to reach the consumer

Indicate whether the statement is true or false.

Matthew wants to take out a loan to buy a car. He calculates that he can make repayments of $5000 per year. If he can get a four-year loan with an interest rate of 7.9%, what is the maximum price he can pay for the car?

A) $16,598 B) $19,918 C) $23,237 D) $26,557