Solve the Problem

Multiple Choice

Solve the problem. Assume that simple interest is being calculated in each case. Round the answer to the nearest cent
unless otherwise indicated.
-Annie's cafe borrows $5900 at 7% for 60 days. Find the total amount that must be repaid after 60 days. (Use a 365 day year.)

A) $5906.79
B) $6313.00
C) $5967.89
D) $6578.90