Say you borrowed $1,000 from a bank at 25% interest rate per year for a period of 5 years. How much will you have to pay back after 5 years, if: 1. The bank charged you SIMPLE interest? 2. The bank charged you COMPOUND interest? a. O b. O c. O d. 1. The bank charged you SIMPLE interest: $2,250.00 2. The bank charged you COMPOUND interest: $3,051.76 1. The bank charged you SIMPLE interest: $1,250.00 2. The bank charged you COMPOUND interest: $2,250.00 1. The bank charged you SIMPLE interest: $1,000.00 2. The bank charged you COMPOUND interest: $1,250.00 1. The bank charged you SIMPLE interest: $2,250.00 2. The bank charged you COMPOUND interest: $2,051.76