PLEASE ANSWER THESE 2 QUESTIONS BARTLEBY. THANKYOU 1. If you accumulated P 70,700.00 from an investment of P 10,005.00 in 240 months, what is the rate of simple interest? 2. Your friend made an...

PLEASE ANSWER THESE 2 QUESTIONS BARTLEBY. THANKYOU

1. If you accumulated P 70,700.00 from an investment of P 10,005.00 in 240 months, what is the rate of simple interest?

2. Your friend made an investment of P 45,000.00 for 60 days at 15% simple interest. If withholding tax is 20%, what is the net interest that he will receive at the end of two months?