1.   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. $772.91
    C. $134.78 D. $464.23
    Hint

  2.   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

  3.   Determine the amount of interest owed after 2 years on a $850 loan at % if no payments are made.
    A. $1058.25 B. $104.13
    C. $208.25 D. $745.87
    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. $23.22 B. $49.30
    C. $278.59 D. $4.11
    Hint

  5.   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. $294.80
    C. $946.00 D. $589.60
    Hint



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