Calculate the simple interest and the final balance. Round to the nearest cent, if necessary.
A. Interest: $14,000.00; Final Balance: $54,000.00
B. Interest: $14,200.00; Final Balance: $54,200.00
C. Interest: $13,900.00; Final Balance: $53,900.00
D. Interest: $13,942.43; Final Balance: $53,942.43
Answer: A
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