1.   If you invest $1200 in an account that pays 13.2% simple interest, what is the balance of the account after 4 years?
    A. $1833.60 B. $633.60
    C. $1358.40 D. $5433.60
    Hint

  2.   An appliance store will sell televisions on credit with no payment due for 1 year from the date of purchase. What is the total cost of a $599 television after 1 year if the store charges 22.5% simple interest and no payments are made?
    A. $464.23 B. $772.91
    C. $733.78 D. $134.78
    Hint

  3.   What is the interest earned on a $348 investmant at % for
9 months?
    A. $11.31 B. $22.62
    C. $15.08 D. $16.97
    Hint

  4.   Find the interest earned if $278.50 is placed in a savings account at 9.5% simple interest for 3 years.
    A. $90.34 B. $79.37
    C. $26.46 D. $28.50
    Hint

  5.   If you buy a necklace for $400 on your credit card, which charges 21.3% simple interest, how much interest will be added after 15 months?
    A. $100.00 B. $106.50
    C. $266.25 D. $85.20
    Hint



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