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Encik Wahid placed a Mudharabah General Investment Account with Bank Sejahtera Berhad with the following details: Amount Tenor Date placed Profit Rate : RM 98,000
Encik Wahid placed a Mudharabah General Investment Account with Bank Sejahtera Berhad with the following details: Amount Tenor Date placed Profit Rate : RM 98,000 6 months December 19,2015 As per table below Duration 16/12/2015 15/01/2016 16/01/2016-15/02/2016 16/02/2016- 15/03/2016 16/03/2016-15/04/2016 16/04/2016- 15/05/2016 16/05/2016-15/06/2016 Rate % 3.33 3.44 3.56 3.62 3.75 3.84 Due to some unforeseen circumstances, he withdrew his deposits on May 5, 2016. Compute the total dividend that the bank will pay him
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