Based on the following, which of the following statements is true.
A CD contains 12 music tracks which are of lengths (in minute):
3, 7, 4, 3, 5, 6, 4, 5, 4, 7, 8, 8 and each minute of music requires 12 MB of storage.
1
512 MB of memory is used for the 12 music tracks.
2
1 GB of memory is used for the 12 music tracks.
3
768 MB of memory is used for the 12 music tracks.
4
If the tracks are to be stored in MP3 format, then each music track will be reduced in size by 90%. The storage that the 12 tracks would require is 69.12 MB.