A friend asks to borrow $$48\mathrm{.}00$ from you and in return will pay you $$51\mathrm{.}00$ in one year. If your bank is offering a $5\mathrm{.}9\%$ interest rate on deposits and loans:

a$.$ How much would you have in one year if you deposited the $$48\mathrm{.}00$ instead?

b$.$ How much money could you borrow today if you pay the bank $$51\mathrm{.}00$ in one year?

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

a$.$ How much would you have in one year if you deposited the $$48\mathrm{.}00$ instead?

If you deposit the $$48\mathrm{.}00$ in the bank today, you will have $$50\mathrm{.}83$ in one year. $($Round to the nearest cent.$)$

b$.$ How much money could you borrow today if you pay the bank $$51\mathrm{.}00$ in one year?

If you pay the bank $$51\mathrm{.}00$ in one year, you will be able to borrow $ today. $($Round to the nearest cent.$)$