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. $633.60 B. $1833.60
    C. $1358.40 D. $5433.60
    Hint

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

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

  4.   If you invest $7,593 in an account that pays 5.6% simple interest, and you leave all of the money in the account, what is the balance of the account after 7 years?
    A. $56,127.46 B. $10,569.46
    C. $8,018.21 D. $531.51
    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. $85.20 D. $266.25
    Hint



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