You Deposit $200,000 on April 29,2012 in a Fund Earning

Multiple Choice

You deposit $200,000 on April 29,2012 in a fund earning simple interest at r = 7%.Using the banker's rule (ordinary interest) ,how much do you have on September 29,2012?

A) $205,950.00
B) $205,911.11
C) $205,868.49
D) $205,833.33