Please check my answer thank you very much.
On May 19, Bette Santoro borrowed $3,000 from Resse Bank at a rate of 12 ½ %. The loan is to be repaid on October 8. Assuming the loan is based on exact interest, what’s the total interest cost to Bette?
A. $345.89
B. 175.89
C. 265.89
D. 145.89
My answer is D. 145.89