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. $53,875.20 B. $44,896.00
    C. $4489.60 D. $448,960
    Hint

  2.   What is the interest earned on a principal of $675.00 at an interest of 8.75%/year for 24 months? Round the answer to the nearest cent.
    A. $1181.25 B. $141.75
    C. $118.13 D. $1417.50
    Hint

  3.   What is the rate of interest on a principal of $1800, interest amount of $140 for 2 years? Round the percent to the nearest tenth.
    A. 5.4% B. 1.6%
    C. 3.9% D. 4.3%
    Hint

  4.   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. $1116; $1891 B. $111.60; $663.40
    C. $111.60; $886.60 D. $886.60; $998.20
    Hint

  5.   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. $685.44 B. $68.54
    C. $571.20 D. $57.12
    Hint



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