QUESTION 4

1. Encik Azahari Mohammed placed a Mudharabah General Investment Account with RHB Islamic Bank Berhad with the following details:

Amount	:	RM 68,975
Tenor	:	6 months
Date placed	:	December 17,2017
Profit Rate	:	As per table below

Duration	Rate
16/12/2017 -15/01/2018	3.25
16/01/2018-15/02/2018	3.36
16/02/2018- 15/03/2018	3.47
16/03/2018-15/04/2018	3.58
16/04/2018- 15/05/2018	3.69
16/05/2018-15/06/2018	3.71
16/06/2018-15/07/2018	3.83

1. Compute dividends due on his account at the end of the period

(5marks)

2. Due to some unforeseen circumstances, he withdrew his deposits on

May 7, 2018 Compute the total dividend that bank will pay him.

(5marks)

( Total 10 marks)