You are saving to buy a $275,000 house. There are two competing banks in your area, both offering certiticates of deposit yielding 4.8 percent. a. How long will it take your inital $90,000 investment to reach the desired level at First Bank, which pays simple interest? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g. 32.16 . b. How long will it take your initiol $90,000 investment to reach the desired level at Second Bank, which compounds interest monthly? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.9., 32.16. You're trying to choose between two different investments, both of which have up-front costs of $25,000. Investment G returns $60,000 in six years. Investment H returns $92,000 in nine years. Calculate the rate of return for each these investments. Note: Do not round intermediate calculations and enter your answers as a percent rounded to 2 decimal places, e.9-. 32.16