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Allied Bank loaned Checkpoint Industries money at eight percent interest for eighty days. If the amount of simple interest was $4,000, use the exact interest

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Allied Bank loaned Checkpoint Industries money at eight percent interest for eighty days. If the amount of simple interest was $4,000, use the exact interest method to find the amount of principal borrowed. Select one: a $11,111.11 b. $225,000 C. $4,000,000 d.5202.777.78 e. 5625 1.510,958,90 8.5182.500 h. 5228,125

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