Professional Documents
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Multiple Choice
Identify the choice that best completes the statement or answers the question.
____
1. What is the interest earned after 19 years on $2600 invested at 5.7% annual interest rate.
a. 2815.8
c. 281.58
b. 281580
d. 28158
____
2. What is the interest earned after 30 years on $1025 invested at 6.1% annual interest rate.
a. 187575
c. 187.58
b. 1875.75
d. 18757.5
____
3. What is the interest earned after 15 years on $1534 invested at 8.6% annual interest rate.
a. 19788.6
c. 1978.86
b. 197886
d. 197.89
____
4. What is the interest earned after 11 years on $4765 invested at 2.7% annual interest rate.
a. 141520.5
c. 14152.05
b. 1415.21
d. 141.52
____
5. What is the interest earned after 29 years on $4297 invested at 9.5% annual interest rate.
a. 1183.82
c. 11838.24
b. 1183823.5
d. 118382.35
____
6. What is the interest earned after 23 years on $6132 invested at 1.7% annual interest rate.
a. 23976.12
c. 2397.61
b. 239.76
d. 239761.2
____
7. What is the interest earned after 6 years on $688 invested at 1.8% annual interest rate.
a. 7430.4
c. 74.3
b. 7.43
d. 743.04
____
8. What is the interest earned after 15 years on $9875 invested at 3.8% annual interest rate.
a. 562875
c. 56287.5
b. 5628.75
d. 562.88
____
9. What is the interest earned after 17 years on $3330 invested at 8.6% annual interest rate.
a. 486.85
c. 4868.46
b. 486846
d. 48684.6
____ 10. What is the interest earned after 7 years on $3640 invested at 3.9% annual interest rate.
a. 9937.2
c. 99.37
b. 99372
d. 993.72
____ 11. What is the interest earned after 13 years on $3083 invested at 5.4% annual interest rate.
a. 2164.27
c. 21642.66
b. 216426.6
d. 216.43
____ 12. What is the interest earned after 21 years on $6522 invested at 5.6% annual interest rate.
a. 7669.87
c. 766987.2
b. 766.99
d. 76698.72
____ 13. What is the interest earned after 19 years on $9595 invested at 9.4% annual interest rate.
a. 1713667
c. 17136.67
b. 171366.7
d. 1713.67
____ 14. What is the interest earned after 3 years on $656 invested at 7.5% annual interest rate.
a. 14760
c. 147.6
b. 14.76
d. 1476
____ 15. What is the interest earned after 22 years on $1027 invested at 5.7% annual interest rate.
a. 12878.58
c. 1287.86
b. 128785.8
d. 128.79
____ 16. What is the interest earned after 25 years on $7596 invested at 3.8% annual interest rate.
a. 72162
c. 721620
b. 721.62
d. 7216.2
____ 17. What is the interest earned after 27 years on $9533 invested at 3.2% annual interest rate.
a. 823651.2
c. 82365.12
b. 823.65
d. 8236.51
____ 18. What is the interest earned after 19 years on $5893 invested at 1.9% annual interest rate.
a. 212737.3
c. 21273.73
b. 2127.37
d. 212.74
____ 19. What is the interest earned after 17 years on $6295 invested at 8.8% annual interest rate.
a. 941732
c. 94173.2
b. 9417.32
d. 941.73
____ 20. What is the interest earned after 20 years on $6506 invested at 9.7% annual interest rate.
a. 12621.64
c. 126216.4
b. 1262.16
d. 1262164
____ 21. What is the interest earned after 25 years on $432 invested at 8.3% annual interest rate.
a. 896.4
c. 89640
b. 8964
d. 89.64
____ 22. What is the interest earned after 15 years on $1178 invested at 5.1% annual interest rate.
a. 901.17
c. 9011.7
b. 90117
d. 90.12
____ 23. What is the interest earned after 6 years on $8209 invested at 1.7% annual interest rate.
a. 8373.18
c. 83.73
b. 83731.8
d. 837.32
____ 24. What is the interest earned after 4 years on $1625 invested at 3.9% annual interest rate.
a. 25.35
c. 2535
b. 253.5
d. 25350
____ 25. What is the interest earned after 23 years on $7728 invested at 2.8% annual interest rate.
a. 497683.2
c. 497.68
b. 49768.32
d. 4976.83
____ 26. What is the interest earned after 13 years on $9070 invested at 7.7% annual interest rate.
a. 90790.7
c. 9079.07
b. 907.91
d. 907907
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