Question: please show me and explain how to do this problem I am confused if I did it right by doing the equation $2289*.0225*16/12 Find the

please show me and explain how to do this problem please show me and explain how to do this problem I am
I am confused if I did it right by doing the equation $2289*.0225*16/12

Find the simple interest. (The rate is an annual rate unless otherwise noted. Assume 360 days in a year. p = $2289, r = 2.25% per month, t = 16 months A. $68.67 B. $875.54 C. $772.54 OD. $824.04

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