Tony Woo and Helen Lee are planning to start a business that will export American food to China.

Tony Woo and Helen Lee are planning to start a business that will export American food to China. They estimate that they will need $75,000 to pay for organizational costs, get product samples, and make three trips to Shanghai. They can borrow the money from their relatives for 4 years. Tony and Helen are willing to pay their relatives 9% ordinary simple interest. Compute the total amount that Tony and Helen will owe their relatives in 4 years