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Solve please

10 20 3 40 5 6 7 8 9 10 11 12 13 140 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 Question 9 6 points Save Answe Suppose Al Baraka Islamic Bank, a multinational bank (MNB) located in Bahrain has BD20 million surplus funds and plans to generate some return by offering this fund in interbank market in Bahrain on Mudaraba based financing Suppose, Ithmaar bank needs similar amounts of funds for the same tenure. 1. Both parties agree on 60:40 Mudaraba profit sharing ratio in favor of Al Baraka Bank 2. Suppose Ithmaar bank declares profits of 4% per annum before distribution 3. The tenure of this transaction is 30 days Required: Question 1: How much profits Al baraka will receive? Show your work. Question 2: What is the annual rate of return? Show your work. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt A TX E E X2 X2 + ABC V X EXE

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