A local bank advertises the following deal: "Pay us $100 at the end of each year for 10 years and then we will pay you for your bencficiaries) $100 at the end of eoch year forever: a. Calculate the present value of your payments to the bank if the interest rate is 750%. (Do not round intermediate calculotions. Round your onswer to 2 decimal ploces.) Presesit value b. What is the present value of a $100 perpetuity deferred for 10 years if the interest rate is 750% (Do not round intermediate colculations. Round your answer to 2 decimal ploces) Prosent value c. Is thes a good deal? No. Yes