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Cik Ain deposited RM5 000 at a bank with an interest rate of 4% per annum.
(a) Calculate the total savings of Cik Ain after she has saved for 1 year.​

Respuesta :

Answer: RM 5200

Step-by-step explanation:

Principal = RM5000

Rate = 4%

Time = 1 year

Simple Interest = PRT

= 5000 × 4% × 1

= 5000 × 0.04 × 1

= 200

Now, the total savings will be the addition of the principal and the interest which will be:

= RM 5000 + RM 200

= RM 5200

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