Pace CoBorrowed $25,000 at a Rate of 7

Multiple Choice

Pace Co.borrowed $25,000 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) $136.32
B) $143.49
C) $151.04
D) $158.59