What are the interest cost and the total amount due on a six-month loan of $1,200 at 12.2 percent simple annual interest?

		Interest cost: $73.20. Total amount due: $1,273.20.
		Interest cost: $73.20. Total amount due: $1,471.40.
		Interest cost: $85.40. Total amount due: $1,485.40.
		Interest cost: $61.20. Total amount due: $1,261.20.