Question: Afriend asks to borrow $54 from you and in return will pay you $57 in one year. If your bank is offering a 6.44/4 interest

Afriend asks to borrow $54 from you and in return will pay you $57 in one year. If your bank is offering a 6.44/4 interest rate on deposits and loans: a. How much would you have in one yese it you deposted the $54 instead? b. How muth money could you bortow todsy if you pay the bark 557 in cne year? c. Should you bae the money to your friend or deposit it in the bank? a. How much would you have in one year if you deposited the $54 instead? If you depost the money in the bank today you wil have4 in ene yea.. (Round to the nearest cent)

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