A friend asks to borrow

$$$$47\mathrm{.}0047\mathrm{.}00$

from you and in return will pay you

$$$$50\mathrm{.}0050\mathrm{.}00$

in one year. If your bank is offering a

$5\mathrm{.}5\%5\mathrm{.}5\%$

interest rate on deposits and$$ loans:

a$.$ How much would you have in one year if you deposited the

$$$$47\mathrm{.}0047\mathrm{.}00$

$$instead$?$

b$.$ How much money could you borrow today if you pay the bank

$$$$50\mathrm{.}0050\mathrm{.}00$

in one$$ year?

c$.$ Should you loan the money to your friend or deposit it in the$$ bank?