Find the present value of the future amount. Assume 365 days in a year. Assume simple interest and discount. Round to the nearest cent. 3) $20,000 for 5 months; money earns 10% A) $19,354.84 B) $18,181.82 C) $800.00 D) $19,200.00 Solve the problem. Assume 365 days in a year. Assume simple interest and discount. 4) Daniel borrowed $4,900 from his mother to buy a car. He repaid her after 7 months with simple interest of 9%. Find the total amount he repaid. A) $5,157,25 B) $5,120.50 C) $257.25 D) $5,341.00