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Question 1:
Andrew borrowed $1500 for 6 months at 8.5% annual simple interest, how much will he repay at the end of the 6-month period?
	$63.75		$1436.25
	$1563.70		$1563.75

Question 2:
Which is the best investment?
	$2000 at 4.25% simple interest for 9 months		$1200 at 8.5% simple interest for 6 months
	$1800 at 3.75% simple interest for 6 years		$800 at 5% simple interest for one years

Question 3:
What principal must Mr. Harris put in the bank today to earn $285 simple interest in 2 years if the simple interest rate is 4.75%?
	$3,500		$3,000
	$5,350		$1,800

Question 4:
You deposit $5,000 in an account that earns 6.25% simple interest. How many years will it take your account balance to reach $7,500?
	8 years		12 years
	9 years		5 years

Question 5:
Matthew deposited $4,000 in an account. What simple interest rate must he get to have $8,080 in his account in 12 years?
	7.5%		8.25%
	8.5%		12%

Question 6:
Find the missing value. P = 600,  I = 456,  r = ?,  t = 8 years
	7.75%		9.25%
	95%		9.5%

Question 7:
Daniel deposited $3,000 in an account. How many years will it take his money to double at a simple interest rate of 10%?
	5 years		15 years
	10 years		20 years

Question 8:
Brian invested $800 at 5% simple interest rate. How many years will it take his money to reach $1000?
	4 years		5 years
	2 years		20 years

Question 9:
Mary borrowed $500 at 5% simple interest. The total interest payable over the period of the loan is $50. How many years will it take her to repay the loan?
	3 years		5 years
	8 years		2 years

Question 10:
I = 56.55,  r = 6.5%,  t = 3 years P  = ?
	$290		$255
	$345		$198