Solve the problem.Devin purchased a $3500 bond paying 4.5% annual simple interest after graduating from college. It is now 35 years later and he decides to cash in the bond. What is the value of this bond now? Round your answer to the nearest dollar.
A. $16,336
B. $3537
C. $9013
D. $5513
E. $8632
Answer: C
Mathematics
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