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1. A 364 day with a face value of si,000,000 was purchased by an investor at an interest rate of 2.38%, and sold after 100 days at interest rate of 2.35 (1) What is the price paid for the T-bill by the investor (2) What is the price of the T-bill sold by the investor? (3) How much profit did the investor get? (4) What was the simple interest rate did the investor eam? 2. A 120-day, S% promissory note with face value of S15,000 issued on May 1, 2012 was sold on August 5, 2012 while the cost of money is 4%. 1) When is the maturity date of the promissory note? (Answer in format of date is MMDD/YYYY)(2) What is the maturity value of the promissory note? (3) What is the price the note was sold on August 5, 2012?(4) What is the profit did the note holder get from selling the note? 5) What is the interest rate did the note holder eam from selling the note?(6) If the buyer cash the note on the maturity date, how much profit did the buyer earn