1. Julia deposited $250 in a savings account that earns 2.7% simple interest. How much interest has Julia earned by the end of the first year?
$6.75
$92.59
$256.75
$675.00
2. Armand deposited $389.42 in a savings account that earns 3.2% simple interest. What is Armand’s account balance after seven years?
$87.23
$401.88
$476.65
$872.30
3. Andy deposited $1,567.12 in a savings account that earns 1.9% simple interest. What will Andy’s account balance be in nine months?
$1,567.12
$1,589.45
$1,596.90
$1,835.10

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