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

  2.   Determine the amount of interest owed after 2 years on a $850 loan at % if no payments are made.
    A. $745.87 B. $104.13
    C. $1058.25 D. $208.25
    Hint

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

  4.   If you take out a loan for $550 at 7.2% simple interest and make no payments for 6 months, how much do you owe total?
    A. $569.80 B. $946.00
    C. $294.80 D. $589.60
    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. $85.20 B. $266.25
    C. $106.50 D. $100.00
    Hint



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