1.	Suppose $4,385 is placed in a savings account for 4 years. Find the simple interest if the interest rate is 3.85%.
		A.	$168.82	B.	$506.47
		C.	$337.65	D.	$675.29
		Hint
	2.	Nick borrowed $5,500.00 to purchase a used car. The bank charges 10.25% interest on Nick's loan for a period of 5 years. Find the amount of interest Nick will pay on his loan.
		A.	$8,318.75	B.	$2,818.75
		C.	$281.88	D.	$5,781.88
		Hint
	3.	Find the total amount in an account to the nearest cent if $750 is deposited at 8.2% for 1 years.
		A.	$842.25	B.	$840.00
		C.	$92.25	D.	$811.50
		Hint
	4.	Find the simple interest to the nearest cent on $527.86 at 3.99% for 7.5 years.
		A.	$369.90	B.	$157.96
		C.	$147.43	D.	$685.82
		Hint
	5.	Dakota borrowed $4,200 to buy furniture. He will be paying $108.50 per month for the next 48 months. Find the simple interest rate for his loan.
		A.	8%	B.	10%
		C.	12%	D.	6%
		Hint