1.   Find the interest earned if $580 is placed in a savings account at 4.8% simple interest for years.
    A. $69.60 B. $48.72
    C. $27.84 D. $14.50
    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. $733.78 B. $134.78
    C. $464.23 D. $772.91
    Hint

  3.   What is the interest earned on a $348 investmant at % for
9 months?
    A. $15.08 B. $16.97
    C. $11.31 D. $22.62
    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. $531.51 B. $56,127.46
    C. $10,569.46 D. $8,018.21
    Hint

  5.   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. $4.11 B. $49.30
    C. $23.22 D. $278.59
    Hint



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