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. $118.13 B. $141.75
    C. $1417.50 D. $1181.25
    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. 1.6% B. 5.4%
    C. 4.3% D. 3.9%
    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. $1301.40; $1522.80 B. $265.68; $1345.68
    C. $221.40; $1301.40 D. $2656.80;$3736.80
    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. $349.92 B. $29.16
    C. $3499.20 D. $291.60
    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. $2304 B. $192
    C. $19.20 D. $230.40
    Hint



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