On January 20, Samantha Borrowed $17,000 from Her Revolving Line

Multiple Choice

On January 20, Samantha borrowed $17,000 from her revolving line of credit. The current annual interest rate at the time was 4.5%. On May 5, Samantha borrowed another $10,000. Due to an increase in borrowing, the annual interest rate increased to 4.75%. On August 12, Samantha repaid the total amount borrowed, along with interest. Determine the interest amount to be repaid.

A) $516.35
B) $544.22
C) $567.92
D) $606.38
E) $641.12