A certain car's price decreased by 2.5% (from the original price) each year from 1996 to 2002, during that time the owner of the car invested in a new carburetor and a new audio system for the car, which increased car's price by $1,000. If the price of the car in 1996 was $22,000, what is the car's price in 2002?	Select the correct option.
A) $18,400 B) $19,700 C) $20,200 D) $20,400 E) $21,100
Price in 96 = 22000   Price decrease each year = 2.5/100*22000= 
<gadget id="calculator">2.5/100*22000</gadget>
<output>550</output>
550   Price in 97= 22000 - 550   Price in 98 = 22000 - 2*550   Price in 99 = 22000 - 3*550   Price in 00 = 22000 - 4*550   Price in 01 = 22000 - 5*550   Price in 02 = 22000 - 6*550= 
<gadget id="calculator">22000 - 6*550</gadget>
<output>18_700</output>
18700   Investment in the car= 1000   Net price of the car in 02 = 18700 + 1000= 
<gadget id="calculator">18700 + 1000</gadget>
<output>19_700</output>
$19700   Correct Option: $19,700
<result>B</result>
A certain car's price decreased by 2.5% (from the original price) each year from 1996 to 2002, during that time the owner of the car invested in a new carburetor and a new audio system for the car, which increased car's price by $1,000. If the price of the car in 1996 was $22,000, what is the car's price in 2002?