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

  2.   What is the interest earned on a $348 investmant at % for
9 months?
    A. $22.62 B. $16.97
    C. $15.08 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. $208.25
    C. $745.87 D. $1058.25
    Hint

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



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