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. $4489.60
    C. $448,960 D. $44,896.00
    Hint

  2.   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. 3.9%
    C. 1.6% D. 4.3%
    Hint

  3.   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. $886.60; $998.20 D. $1116; $1891
    Hint

  4.   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. $3499.20 B. $291.60
    C. $29.16 D. $349.92
    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. $230.40
    C. $192 D. $2304
    Hint



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