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Exercise 5 1. Jimmy had saved RM4,000 in an account that offered r% simple interest per annum on 19 March 2019. If the interest obtained

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Exercise 5 1. Jimmy had saved RM4,000 in an account that offered r\% simple interest per annum on 19 March 2019. If the interest obtained on 5 June 2019 was RM30, find i. the exact time of the investment ii. the value of r using Banker's Rule 2. Melvin borrowed RM9,500 from Public Bank. Six months later, he repaid RM10,000 for the loan. Calculate the simple interest rate charged

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