ABCDEFGHIJKLMNOPQRSTU
1
TimestampNAMEClass1. Judith has 80 savings in a saving account that earns 3% annually. The interest is not compounded. How much interest will she earn in a year?2. Calculate the simple interest of a $2000 loan with the interest of 4% per year. The duration of the loan is 5 years.3. Daniel has 120 saving in a saving account that earns 5% annually. The interest is not compounded. How much interest will he earn in a couple of years?4. Calculate the simple interest of $2500 loan with the interest of 5% per year. The duration is 4 years.5. Ruth has 200 saving in a saving account that earns 3% annually. The interest is not compounded. How much interest will he earn in 5 years?Score
2
10/10/2011 12:32:20Model Student6-100A) $2.40A) $400.00B) $12.00C) $500.00D) $30.00
3
10/10/2011 13:17:05Sample Test Taker6-100A) $2.40A) $400.00B) $12.00C) $500.00D) $30.005
4
0
5
0
6
0
7
0
8
0
9
0
10
0
11
0
12
0
13
0
14
0
15
0
16
0
17
0
18
0
19
0
20
0
21
0
22
0
23
0
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100