Solve the Problem $\$ 5073$ At $4 \%$ Simple Interest for 5 Months

Solve the problem.
-Levi borrowed $\$ 5073$ at $4 \%$ simple interest for 5 months. How much will the interest amount to? What is the total amount that Levi will have to pay back at the end of 5 months? Round answers to the nearest cent if necessary.

A) $\$ 85.26 ; \$ 5158.26$
B) $\$ 84.55 ; \$ 5157.55$
C) $\$ 67.64 ; \$ 5140.64$
D) $\$ 101.46 ; \$ 5174.46$

Correct Answer:

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