Solve the problem. Assume that simple interest is being calculated. Round your answer to the nearest cent.Allan borrowed $5800 from his father to buy a car. He repaid him after 11 months with interest of 4% per year. Find the total amount he repaid.
A. $5993.33
B. $6032.00
C. $6012.67
D. $212.67
Answer: C
Mathematics
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