The Chief Business Officer of a Construction Equipment Company Arranges $12 \frac { 1 } { 8 } \%$

Multiple Choice

The chief business officer of a construction equipment company arranges a loan of $9,300, at $12 \frac { 1 } { 8 } \%$ interest for 37.5 months. Find the amount of interest. (Round to the nearest cent)

A) $2,761.21
B) $3,583.83
C) $3,523.83
D) $3,722.47