Solve the problem. Assume that simple interest is being calculated in each case. Round the answer to the nearest cent unless otherwise indicated.John Lee's savings account has a balance of $1130. After 9 months, what will the amount of interest be at 5.0% per year?
A. $56.50
B. $125.56
C. $65.51
D. $42.38
Answer: D
Mathematics
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