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

  2.   If you invest $1200 in an account that pays 13.2% simple interest, what is the balance of the account after 4 years?
    A. $1833.60 B. $633.60
    C. $5433.60 D. $1358.40
    Hint

  3.   What is the interest earned on a $348 investmant at % for
9 months?
    A. $16.97 B. $15.08
    C. $11.31 D. $22.62
    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. $56,127.46 B. $8,018.21
    C. $531.51 D. $10,569.46
    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. $589.60
    C. $294.80 D. $946.00
    Hint



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