Question 10 Which of the following arrangments has simple interest? The bank loans Franklin $10,000 for 2 years. The interest due at the end of two years is 10% of the principal and accumulated interest at the end of each year, for a total of $2,190. The bank loans Franklin $10,000 for 2 years. The interest due at the end of two years is 10% of the principal and accumulated interest at the end of each day, for a total of $2,300 The bank loans Franklin $10,000 for 2 years. The interest due at the end of two years is 10% of the principal and accumulated interest at the end of each month, for a total of $2,200. The bank loans Franklin $10,000 for 2 years. The interest due at the end of two years is 10% of the principal for a total of $2,000