Find the total amount of interest that would be paid on a $1,000 loan over a 10-year period, if the effective interest rate is 0.09 per annum under the following two repayment method:
The entire loan plus entire accumulated interest is paid as one lump-sum at the end of the loan term.
(a) $900
(b) $990
(c) $1,367
(d) $1,557
(e) None of the above