Answer:
Saiful has earned RM 50 after 3 months.
Step-by-step explanation:
We are given the following:
x = 5000
y = 4% per 12 months (annually)
[Convert 4%/1 yr to three months]
Because 1 year = 12 months = 4% then:
3 months is 25% of 12 months, so find 25% of 4%.
25% of 4% is 1%
y = 1%
[Multiply x by y]
x * y = 5000*1% = 5050
[Subtract 5050 by the original, 5000]
5050 - 5000 = 50
Saiful has earned RM 50 after 3 months.
