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. $1358.40 B. $5433.60
    C. $1833.60 D. $633.60
    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. $772.91 B. $464.23
    C. $134.78 D. $733.78
    Hint

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

  4.   Find the interest earned if you place $76.43 into an account that pays 21.5% simple interest, and leave it in for 3 months.
    A. $49.30 B. $23.22
    C. $4.11 D. $278.59
    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. $266.25 B. $100.00
    C. $106.50 D. $85.20
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