Simplify and Collect Like Terms $\frac{P}{1+0.07 \times \frac{5}{12}}+2 P\left(1+0.07 \times \frac{4}{12}\right)$

Multiple Choice

Simplify and collect like terms: $\frac{P}{1+0.07 \times \frac{5}{12}}+2 P\left(1+0.07 \times \frac{4}{12}\right)$

A) 3.076P
B) 3.018P
C) 2.787P
D) 3.532P
E) 2.956P