Question
a) Colourful Star Inc. deposited RM18,000 in Mudharabah General Investment Account (MGIA) for six months commencing from 18/1//20 until 18/7/20 with declared rates as follows:
a) Colourful Star Inc. deposited RM18,000 in Mudharabah General Investment Account (MGIA) for six months commencing from 18/1//20 until 18/7/20 with declared rates as follows:
Monthly Interval Rates 16/1/20 15/2/20 3.20% 16/2/20 15/3/20 3.25% 16/3/20 15/4/20 3.17% 16/4/20 15/5/20 3.12% 16/5/20 15/6/20 3.20% 16/6/20 15/7/20 3.30% 16/7/20 15/8/20 3.40%
Instructions: Compute dividends due on this account at the end of the investment period.
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Business Analysis And Valuation Using Financial Statements Text And Cases
Authors: Krishna G. Palepu, Paul M. Healy, Victor Lewis Bernard, W.Gordon Filby
2nd Edition
0324015658, 9780324015652
