Solve the problem. Assume that simple interest is being calculated in each case. Round your answer to the nearest cent.Robert Hall opened a maid service company. To pay for startup costs, Robert Hall borrowed $87,000 from a bank at 6% for 1 year. Find the interest.
A. $522.00
B. $6090.00
C. $92,220.00
D. $5220.00
Answer: D
Mathematics
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