need the solution asap ty

1. An entrepreneur needs Php 5,000,000 for his operations. One financial institution is willing to lend him the money for one year at 12% interest per annum (discounted). Another lender is charging 14% with the principal and interest payable at the end of one year. A third financier is willing to lend him payable in 12 equal monthly installments of Php 460,000. Which offer is best for him? 2. A man purchased a foreclosed property for Php 425,000. In the first month that he owned the house, he spent Php 75,000 for repairs and remodeling. Immediately after the house was remodeled, he was offered Php 545,000to sell the house. After some consideration, he decided to keep the property and have it rented for Php 4,500 per month starting two months after the purchase. He collected rent for 15 months and then sold the property for Php 600,000. If the interest rate was 1.5% per month, how much extra earnings did he make or lose by not selling the house immediately after it was remodeled