-The principal P is borrowed at simple interest rate r for a period of time t. Find the simple interest owed for the use of the money. Assume 360 days in a year and round answer to the nearest cent. P = $800 r = 5% t = 10 months $833.33 $1350.00 33.33 $450.00

The principal P is borrowed at simple interest rate r for a period of time t. Find the simple interest owed for the use of the money. Assume 360 days in a year and round answer to the nearest cent. P=$800r=5%t=10months $833.33 $1350.00 33.33 $450.00