QUESTION 1 1.1 Briefly describe the concept of Al conventional pawn broking Rahn Financing and how the concept differs from (5 marks) Value of Gold Margin of Advance Per Month RM 100 RM 100 RM 0.69 RM 0. 71 RM 0.87 RM 100 1 76% 87 % 1.2 Puan Saodah is a petty trader at a wet market in Kuala Teregganu. She applies RM2,500 financing for 8 months period to keep her stock. The Gold value that she has in possession amounted to RM 7,750 and the bank grants 76% margin of advance. Compute the following:- (i) How much is the fees payable? (ii) Total redemption that she has to pay at the end of seven months (10 marks) Total 15 marks)