Solve the Problem $3 \frac { 2 } { 3 } \%$

Multiple Choice

Solve the problem. Assume that simple interest is being calculated in each case. Round your answer to the nearest cent.
-Robert Hall bought a new computer system. To pay for the system, he borrowed $5110 from the Credit union at $3 \frac { 2 } { 3 } \%$ Simple interest for 120 days. Find the interest owed. (Use a 365 day year.)

A) $61.60
B) $50.40
C) $46.84
D) $187.37