1) Lauren Michel lends $17,000 at a rate of 10.7% .Find how long it will take for her investment to earn $1,121.72 in interest.
225 days
222 days
258 days
254 days
2) Sandra Leatherwood invested money received from a game show for 10 months at 9% interest.
If she received $1,687.50 interest on her investment during this time, find the amount that she invested.
$18,750
$15,625
$22,500
$13,500