A tanker with crude oil needs three weeks from the Middle East to a refinery in Australia. The annual interest rate is 5% p.a. Insurance is 0.20 AUD (=Australian dollars) per barrel. Assuming 52 weeks in a year, what is the cost of carry for the crude oil if prices at the time the tanker is loaded are 85.00 AUD/barrel?

Group of answer choices

0.4452

4.4500

0.2452

4.2500