Raja has placed RM40,000 in a fixed deposit account at BBC Bank. Upon maturity, Raja expected that the amount grows to R

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answerhappygod
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Raja has placed RM40,000 in a fixed deposit account at BBC Bank. Upon maturity, Raja expected that the amount grows to R

Post by answerhappygod »

Raja has placed RM40,000 in a fixed
deposit account at BBC Bank. Upon maturity, Raja expected that the
amount grows to RM41,500. Calculate the interest rate per annum if
the maturity period is 90 days.
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