Solve the problem. Assume that simple interest is being calculated. Round your answer to the nearest cent.Linda Young opened a maid service company. To pay for startup costs, Linda Young borrowed $14,000 from a bank at 8% for 1 year. Find the interest.
A. $1260.00
B. $15,120.00
C. $112.00
D. $1120.00
Answer: D
Mathematics
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