Problem 1 (10 Points) a. If you deposit $3,800 in a bank account that pays 3.5% interest semi-annually, how much will be in your account after 8 years? b. What is the present value of a security that will pay $21,500 in 15 years if securities of equal risk pay 8% annually? c. What is the future value of a 2.5%, 4-year ordinary annuity that pays $650 each year? If this were an annuity due, what would its future value be