c} Because market conditions appeared favorabler MEC's treasurer decided to raise funds through a debt issuance. Assume mat on March 31 El: the company issued its {1-58% Japanese yen bonds due 2013. As the company had no immediate plans for the funds raised: the treasurer placed the proceeds in an interest-bearing bani: account. i- Assume that the bank: account pays 3% interest per year- The interest is paid annually on the anniyersary date of the deposit and is left in the account. What will the balance of the bank: account be on March 31, 3111'? March 31, 2012? March 31, 2GB? Use the rst row in the table below to tabulate your answers. ii. Now assume that the bank: account pays 5% per year, complete the second TOW of the table. iii. Now assume that interest of 5% per year is paid semiannually [i.e. 2.5% every six mo nths}- Complete the third row of the table