Question: Question 1 Abdul Rahman recently earned a well-paid return from a successful trade with his families on 16th May 2019. On 30th May 2019, he

Question 1 Abdul Rahman recently earned a well-paid return from a

Question 1 Abdul Rahman recently earned a well-paid return from a successful trade with his families on 16th May 2019. On 30th May 2019, he placed the profit amounted RM 24, 850 and another RM 18,900 from his reserves into a 6-month General Mudharabah Investment Account (GIA-i) offered by Malayan Banking Berhad. He then went to the bank to check his profit. Determine the profit generated from his savings in (GIA-i) on 14th Dec 2019 and the total balance available in the bank given the following profit rates offered: Monthly interval Rate Monthly interval Rate 16 May - 15 June 2019 3.55% 16 Aug - 15 Sept 2019 3.23% 16 June - 15 July 2019 3.35% 16 Sept- 15 Oct 2019 3.37% 16 July - 15 Aug 2019 3.25% 16 Oct - 15 Nov 2019 3.33% 16 Aug - 15 Sept 20193.23% 16 Nov - 15 Dec 2019 3.45% Question 1 Abdul Rahman recently earned a well-paid return from a successful trade with his families on 16th May 2019. On 30th May 2019, he placed the profit amounted RM 24, 850 and another RM 18,900 from his reserves into a 6-month General Mudharabah Investment Account (GIA-i) offered by Malayan Banking Berhad. He then went to the bank to check his profit. Determine the profit generated from his savings in (GIA-i) on 14th Dec 2019 and the total balance available in the bank given the following profit rates offered: Monthly interval Rate Monthly interval Rate 16 May - 15 June 2019 3.55% 16 Aug - 15 Sept 2019 3.23% 16 June - 15 July 2019 3.35% 16 Sept- 15 Oct 2019 3.37% 16 July - 15 Aug 2019 3.25% 16 Oct - 15 Nov 2019 3.33% 16 Aug - 15 Sept 20193.23% 16 Nov - 15 Dec 2019 3.45%

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