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

  2.   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

  3.   Determine the amount of interest owed after 2 years on a $850 loan at % if no payments are made.
    A. $208.25 B. $1058.25
    C. $745.87 D. $104.13
    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. $278.59 B. $49.30
    C. $4.11 D. $23.22
    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. $946.00
    C. $589.60 D. $294.80
    Hint



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