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. $5433.60 B. $1358.40
    C. $633.60 D. $1833.60
    Hint

  2.   What is the interest earned on a $348 investmant at % for
9 months?
    A. $15.08 B. $11.31
    C. $22.62 D. $16.97
    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.   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. $4.11 B. $49.30
    C. $23.22 D. $278.59
    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. $294.80 B. $589.60
    C. $569.80 D. $946.00
    Hint



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