Laura took out a charge account at the General Store and agreed to pay 9% simple annual interest. If she charges $35 on her account in January, how much will she owe a year later, assuming she does not make any additional charges or payments? Choose the correct choice from the following answers:	A) $ 2.10	B) $ 37.10	C) $ 37.16	D) $ 38.10	E) $ 38.15

Rationale: principal that is amount taken by laura at year beginning = 35 $ rate of interest = 9 % interest = ( 9 / 100 ) * 35 = 3.15 $ total amount that laura owes a year later = 35 + 3.15 = 38.15 $ answer e
Answer: E