Determine the simple interest rate at which $1060 grows to $1085 in 12 months Determine the formula and values that should be used to solve this problem ift represents the annual interest rate, n the number of years, the present value, and F the future value Select the correct choice below and fill in the answer boxes to complete your choice. (Type integers or decimals. Simplify your answers. Do not include the $ symbol in your answers.) OA - nF B = P 1+nF 1 + F n Yo Cra 1.P 1- 1 OD =