Evaluate $\$ 1200\left(1+.0625 \times \frac{7}{12}\right)$ A) $74375
B) $1,725

Multiple Choice

Evaluate $\$ 1200\left(1+.0625 \times \frac{7}{12}\right)$

A) $743.75
B) $1,725.00
C) $700.04
D) $1,637.50
E) $1,243.75