A local bank advertises the following deat: "Pay us $100 at the end of each year for 10 years and then we will pay you for your beneficiaries) $100 at the end of each year forever:" a. Calculate the present value of your payments to the bank if the interest rate is 4.50% Note: Do not round intermediate calculations. Round your answer to 2 decimal places. b. What is the present value of a $100 perpetuity deferred for 10 years if the interest rate is 4.50% ? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. c. is this a good deal? Yos No