NOTE: Correct answer with complete and correct solution 10 points, correct enswer only 3 points, correct solution incorrect answer 5 points Solve for what is asked. 1. John deposited the same amount to two different banks. One bank will give him a simple interest amount of 1,200 Pesos after two years, while the second bank will give John a compound Interest Amount of 1,230 Pesos compounded annually after 2 years. If both banks have the same annual interest how much did John invest and what is the annual interest rate of both banks? 2. John's brother, Jun, Would like to fund the operation cost of a single bateh of hollowed plastic balls for 4% interest compounded semi-annually. The cost of each hollowed plastic ball is 2.5 pesos per pi cubic centimeter, How much money does Jun need to invest if the production of a single batch of hollowed balls is 1,000 pieces and the outer diameter of the ball is 12cm and the diameter of the hollow space is 6cm ? Also, find the future value of jun's investment after 2 years