A friend asks to borrow $$48$ from you and in return will pay you $$51$ in one year. If your bank is offering a $6\mathrm{.}4\%$ interest rate on deposits and loans:

a$.$ How much would you have in one year if you deposited the $$48$ instead?

b$.$ How much money could you borrow today if you pay the bank $$51$ 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$ instead?

If you deposit the money in the bank today you will have $$51\mathrm{.}07$ in one year. $($Round to the nearest cent.$)$

b$.$ How much money could you borrow today if you pay the bank $$51$ in one year?

You will be able to borrow $ $q,$ today. $($Round to the nearest cent.$)$A friend asks to borrow $$48$ from you and in return will pay you $$51$ in one year. If your bank is offering a $6\mathrm{.}4\%$ interest rate on deposits and loans:

a$.$ How much would you have in one year if you deposited the $$48$ instead?

b$.$ How much money could you borrow today if you pay the bank $$51$ 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$ instead?

If you deposit the money in the bank today you will have $$51\mathrm{.}07$ in one year. $($Round to the nearest cent.$)$

b$.$ How much money could you borrow today if you pay the bank $$51$ in one year?

You will be able to borrow $ $q,$ today. $($Round to the nearest cent.$)$