1.25 - Companies frequently borrow money under an arrangement that requires them to make periodic payments of "interest only" and then pay the principal all at once. If Cisco International borrowed $500,000 (identified as loan A) at 10% per year simple interest and another $500,000 (identified as loan B) at 10% per year simple interest and another $500,000 (identified as loan B) at 10% per year compound interest and paid only the interest at the end of each year for 3 years on both loans, (a) on which loan did the company okay more interest and (b) what was the difference in interest paid between the two loans