1.   What is the interest earned on a principal of $36,800 at a rate of 6.1%/year for 2 years? Round the answer to the nearest cent.
    A. $448,960 B. $53,875.20
    C. $4489.60 D. $44,896.00
    Hint

  2.   What is the interest earned and amount due on a principal of $775.00 at an interest of 3.6%/year for 4 years? Round the answer to the nearest cent.
    A. $111.60; $886.60 B. $111.60; $663.40
    C. $1116; $1891 D. $886.60; $998.20
    Hint

  3.   What is the interest earned and amount due on a principal of $1080 at an interest of 4.1%/year for 60 months? Round the answer to the nearest cent.
    A. $265.68; $1345.68 B. $2656.80;$3736.80
    C. $1301.40; $1522.80 D. $221.40; $1301.40
    Hint

  4.   What is the interest earned on a principal of $680 at an interest of 4.2%/year for 24 months? Round the answer to the nearest cent.
    A. $68.54 B. $57.12
    C. $571.20 D. $685.44
    Hint

  5.   What is the interest earned on a principal of $750 at an interest of 6.4%/year for 48 months? Round the answer to the nearest cent.
    A. $192 B. $19.20
    C. $230.40 D. $2304
    Hint



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