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.
$14.50
D.
$48.72
Hint
2.
An appliance store will sell televisions on credit with no payment due for 1 year from the date of purchase. What is the total cost of a $599 television after 1 year if the store charges 22.5% simple interest and no payments are made?
A.
$733.78
B.
$464.23
C.
$134.78
D.
$772.91
Hint
3.
What is the interest earned on a $348 investmant at
% for
9 months?
A.
$16.97
B.
$11.31
C.
$15.08
D.
$22.62
Hint
4.
Find the interest earned if $278.50 is placed in a savings account at 9.5% simple interest for 3 years.
A.
$26.46
B.
$90.34
C.
$28.50
D.
$79.37
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.
$4.11
C.
$49.30
D.
$278.59
Hint