Egg, Melon, and Carrot are triplets. They decide to borrow $10,000 today to go on vacation. They will repay their loans, plus all the accrued interest, in one lump sum exactly 1 year from today. Egg borrows his money at 4.5 percent simple interest. Melon's loan is based on 4.5 percent interest compounded monthly. Carrot is charged 4.5 percent compounded annually. Given this information, which one of the following statements is correct?