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1. 
How much do you have to pay in interest on the first month?
A.
$50
B.
$550
C.
$10
2. 
How much do you have to pay in interest in the whole 3 months?
A.
$65
B.
$165
C.
$165.5
3. 
How much would you have to pay if it was simple interest?
A.
$165
B.
$150
C.
$665.5