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. $14.50 D. $27.84
    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. $104.13 B. $1058.25
    C. $208.25 D. $745.87
    Hint

  4.   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. $946.00 B. $589.60
    C. $569.80 D. $294.80
    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. $266.25
    C. $100.00 D. $85.20
    Hint



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