1.A class-action suit against a utility company resulted in a settlement of $2.45 million for 76,000 customers. If the legal fees, which must be paid from the settlement, are $500,000, what amount will each plaintiff receive?

2.John Walters is comparing the cost of credit to the cash price of an item. If John makes a down payment of $125 and pays $35 a month for 24 months, how much more will that amount be than the cash price of $711?

3.A service contract for a video projection system costs $210 a year. You expect to use the system for three years. Instead of buying the service contract, what would be the future value of these annual amounts after three years if you earn 5 percent on your savings? Use Exhibit 1-B.