Automotive Excellence Inc. borrowed ​$17,000.00 on June 21 with an interest rate of 11.9% per annum. After repaying $4,700.00 on July 5 and $5,700.00 on August 10, what is the remaining outstanding loan amount?
a) $5,600.00
b) $6,600.00
c) $6,700.00
d) $8,300.00