1. If the principal amount is fixed, and \(I_1\) is the simple interest for 1 year, while \(I_2\) is the compound interest for 1 year with half-yearly compounding, then –

(a) \(I_1\gt I_2\) (b) \(I_1\le I_2\) (c) \(I_1=I_2\) (d) \(I_1 \ne I_2\)

2. Aman borrowed ₹25,000 for 3 years, with annual compound interest rates of 4% for the first year, 5% for the second year, and 6% for the third year. What amount will Aman repay (including principal and interest) at the end of 3 years?