Question 1: If you receive $100 000 back as principal and interest for an investment of $92 368 that you made six months earlier, what simple rate of interest has been earned on your investment?A. 7.63% per annum B. 15.48% per annum. C. 16.16% per annum. D. 16.75% per annum

Question 2: If you receive $10 000 back as principal and interest at the end of two years for an initial investment of $9127 at the start of the term, what is the yield on your investment?A. 4.37% per annum. B. 4.78% per annum. C. 8.73% per annum. D. 9.57% per annum

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