1.   What is the interest earned on a $348 investmant at % for
9 months?
    A. $15.08 B. $22.62
    C. $11.31 D. $16.97
    Hint

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

  3.   Find the interest earned if $278.50 is placed in a savings account at 9.5% simple interest for 3 years.
    A. $79.37 B. $26.46
    C. $28.50 D. $90.34
    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. $8,018.21 B. $531.51
    C. $56,127.46 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. $266.25 B. $85.20
    C. $106.50 D. $100.00
    Hint



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