1. **State the problem:** Ahmed invested 96000 for 5 months at a simple interest rate of 3.4% per year. We need to find the total interest earned. 2. **Formula for simple interest:** $$I = P \times r \times t$$ where $I$ is the interest, $P$ is the principal amount, $r$ is the annual interest rate (in decimal), and $t$ is the time in years. 3. **Convert given values:** - Principal $P = 96000$ - Annual interest rate $r = 3.4\% = 0.034$ - Time $t = \frac{5}{12}$ years (since 5 months is $\frac{5}{12}$ of a year) 4. **Calculate interest:** $$I = 96000 \times 0.034 \times \frac{5}{12}$$ 5. **Simplify step-by-step:** $$I = 96000 \times 0.034 \times 0.4167$$ $$I = 96000 \times 0.014167$$ 6. **Final calculation:** $$I = 1360.03$$ **Answer:** The total interest earned is $1360.03$.