Suppose you planto enter doctoral studies fiveyears from now. You estimate that the cost for college is Rp. 25.000.000 per year. Savings funds fortuition fees canbe taken from the first day of study. You estimate that the savings fund can generate 6% per year. The estimated length of study is four years. You have two investment options, first investment at once at the beginning of the year or the second installment of the investment annually in an equal amount starting at the beginning of the year. Table Class Schedule Alternative 1 Alternative 2 Now, (July 1, 2021) (-) Rp? (-) Rp? 1 July 2022 (-) Rp? 1 July 2023 (-) Rp? 1 July 2024 (-) Rp? 1 July 2025 (-) Rp? Go to college. (July 1, 2026) Rp25.000.000 Rp25.000.000 1 July 2027 Rp25.000.000 Rp25.000.000 1 July 2028 Rp25.000.000 Rp25.000.000 1 July 2029 Rp25.000.000 Rp25.000.000 Questions 1. How muchmoney do youhave to save at this time so that the tuition feeneeds can bemet? (first altemative) 2. How muchmoney do youhave to save eachyear from now on so that these tuition fees canbe met? (second altemative)