what is the correct answer? explaination please.

If you borrow $1,000 today and make interest payments of $20 every six months for ten years and then in ten years you repay the $1,000, what kind of loan is it? Hide answer choices a A simple loan A fixed payment loan A coupon bond A discount bond If you borrow $10,000 today and interest of 290 is added to the loan balance each year until repayment is made on the full amount, what kind of loan is it? Hide answer choices a A simple loan A fixed payment loan A coupon bond A discount bond