1.
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.
$141.75
B.
$1417.50
C.
$1181.25
D.
$118.13
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.
$886.60; $998.20
B.
$1116; $1891
C.
$111.60; $886.60
D.
$111.60; $663.40
Hint
3.
What is the interest earned on a principal of $1350 at an interest of 7.2%/year for 36 months? Round the answer to the nearest cent.
A.
$29.16
B.
$291.60
C.
$3499.20
D.
$349.92
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.
$57.12
B.
$68.54
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.
$19.20
B.
$2304
C.
$230.40
D.
$192
Hint