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

  2.   What is the interest earned on a $348 investmant at % for
9 months?
    A. $11.31 B. $15.08
    C. $16.97 D. $22.62
    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. $79.37
    C. $90.34 D. $26.46
    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. $8,018.21
    C. $531.51 D. $10,569.46
    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. $106.50 B. $85.20
    C. $100.00 D. $266.25
    Hint



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