1.
What is the interest earned on a $348 investmant at
% for
9 months?
A.
$11.31
B.
$22.62
C.
$15.08
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.
$208.25
C.
$745.87
D.
$104.13
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.
$90.34
C.
$28.50
D.
$26.46
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.
$10,569.46
B.
$8,018.21
C.
$531.51
D.
$56,127.46
Hint
5.
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.
$23.22
B.
$278.59
C.
$49.30
D.
$4.11
Hint