Section One
Directions: In this section, you will hear ten short statements. Each statement will be spoken only once. After each statement, there will be a pause. During the pause, you must read the four suggested answers marked A, B, C and D, and decide which is the best answer. Then mark the corresponding letter on the ANSWER SHEET with a single line through the center.

A．If the time period of the loan is one year, the simple interest and compound interest are the same.
B．If the time period of the loan is the same, the simple interest and compound interest are the same.
C．When the full principal plus interest is paid together, compound interest and simple interest are of the same dollar amount.
D．When the full principal plus interest is paid together, compound interest and simple interest are not of the same dollar amount.