Charlotte borrowed $1,000,000 from MQ Bank for one year at simple interest rate of 5.08% p.a. Unfortunately, she misread the documentation for the loan, and has misunderstood the interest charge. In fact, MQ Bank will charge her interest (in a single payment at the end of the loan) at a rate of 5.08% p.a., compounded half-yearly. What additional amount will Charlotte have provide to repay the loan, due to this misunderstanding? a. 645.16 O b. 0.00 c. 25400.00 d. 53380.64