Linda Young bought a new computer system. To pay for the system, she borrowed $5,540 from the credit union at 4-% simple interest for 110 days. Find the interest owed. (Use a 360 day year.) Assume...

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Extracted text: Linda Young bought a new computer system. To pay for the system, she borrowed $5,540 from the credit union at 4-% simple interest for 110 days. Find the interest owed. (Use a 360 day year.) Assume that simple interest is being calculated. Round your answer to the nearest cent. O A. $67.71 O B. $230.83 O C. $70,53 O D. $57.71