Pace CoBorrowed $30,000 at a Rate of 7

Multiple Choice

Pace Co.borrowed $30,000 at a rate of 7.25%,simple interest,with interest paid at the end of each month.The bank uses a 360-day year.How much interest would Pace have to pay in a 30-day month?

A) $157.69
B) $141.38
C) $181.25
D) $212.06
E) $155.88