AVV - Problem H02-02 (Points: 1.5/4). Topic: Single payment factor. Two years ago, a local bank offered to pay 5% per year interest on savings deposits. At that time, in a near by town, another bank offered to pay 1.25% per three-month period (quarterly). A man who how invested in both banks back then now has $3,000 in the savings account of the local bank, and another $3,000 in the savings account of the nearby-town bank. (a) [Points: 0.2/4] How much this person originally invested in the local bank two years ago? (b) [Points: 0.2/4] How much this person originally invested in the nearby-town bank two years ago? (c) (Points: 0.55/4] Tabulate the progression of the savings account of the local bank using the following template: Period Amount at the Beginning of + Interest for Amount at the End of the Interest Period the period the Interest Period 0 1 (d) [Points: 0.55/4] Tabulate the progression of the savings account of the nearby-town bank using the same template: Period Amount at the Beginning of + Interest for I Amount at the End of the Interest Period the period the Interest Period 0