Question: Please answer this, show your solutions in paper. I will give you a very good feedback. Thank you! In paper please :( 1. At what

Please answer this, show your solutions in paper. I will give you a very good feedback. Thank you! In paper please :(

1. At what rate compounded monthly should P25,000 be deposited in a bank to gain an interest of P4,500 in 3 years? (5 pts) 2. If P48,000 is invested at the rate of 2.5% compounded quarterly, when will the compound amount be P70,000? (5 pts)

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