Iqram wants to place a fixed deposit for 3 months (January-March 2022) at KBC Bank. Upon maturity, Iqram anticipated tha

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answerhappygod
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Iqram wants to place a fixed deposit for 3 months (January-March 2022) at KBC Bank. Upon maturity, Iqram anticipated tha

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Iqram wants to place a fixed deposit
for 3 months (January-March 2022) at KBC Bank. Upon maturity, Iqram
anticipated that the amount of the deposit will be RM65,000. If the
current interest rate is 3.5% p.a, how much amount should Iqram
deposit today?
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