Velvet wants to place a fixed deposit worth RM50,000 at BHB Bank. The current interest rate for 6-month period is 3.75%

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answerhappygod
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Velvet wants to place a fixed deposit worth RM50,000 at BHB Bank. The current interest rate for 6-month period is 3.75%

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Velvet wants to place a fixed deposit worth RM50,000 at BHB
Bank. The current interest rate for 6-month period is 3.75% p.a.
Calculate the interest amount that will be received by Velvet upon
maturity.
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