Marc Bought a New Car Last Year for $10,000

Multiple Choice

Marc bought a new car last year for $10,000.He can now sell the car for $8,500.To buy this year's model he would have to pay $11,000.Marc also had to take out a $9,000 loan to buy the car,which had to be paid back in yearly installments of $3,300 per year over three years.What is the implicit rental rate of the first year's use of the car?

A) $2,800
B) $1,300
C) $1,800
D) $13,300
E) $4,800