Problem 3 (20 points): ABC Bank offers an interest rate of 6.5% on both savings and loans. On the other hand, XYZ Bank offers an interest rate of 7% on both savings and loans. The compounding frequency in both banks is the same. a. Based on the above information, is there any profit opportunity available? (10 points) b. Which bank above will experience a surge in the demand for loans and which bank will receive a surge in deposits? (10 points)