Lincoln deposited $2,350 in a savings account that pays 4.5% simple annual interest. If Lincoln does not make any additional deposits or withdrawals, how much interest will he earn in 5 years?
$7,637.50
$2,878.75
$528.75
$5,287.50
Itzel borrowed $375 for a new bicycle. She will pay the money back in 18 months, with simple interest of 5.7%. What is the total balance she will owe?
$32.06
$384.75
$407.06
$320.63
Markus invested $900 in an account that pays 4% annual simple interest. Markus will not make any additional deposits or withdrawals. How much interest will Markus earn on her investment at the end of 36 months?
$1,008
$108
$1,080
$1,296
Leslie deposited $460 into a savings account that pays 3.2% simple annual interest. If Leslie does not make any additional deposits or withdrawals, how much interest will she have earned at the end of 5 years?
$533.60
$736
$73.60
$1,196
Cynthia has earned $1,000 and wants to put it in a savings account that earns 5% simple interest. Assuming she makes no additional deposits or withdrawals, what will be the total value of Cynthia’s account after 48 months?
$200
$1,200
$2,400
$2,000
An investment of $600 is made into an account that earns 6.5% annual simple interest for 3 years. Assuming no other deposits or withdrawals are made, find the interest will she have earned.