Solve for Y. -Levi Borrowed $6944 at 4% Simple Interest for 6 Months

question 195

Multiple Choice

Solve for y.
-Levi borrowed $6944 at 4% simple interest for 6 months. How much will the interest amount to? What is the total amount that Levi will have to pay back at the end of 6 months? Round answers to the nearest cent if
Necessary.

• A) $138.88; $7082.88
• B) $140.05; $7084.05
• C) $115.73; $7059.73
• D) $162.03; $7106.03