Question: can someone answer this question? this only information that i have Farhana approaches the Islamic bank and applies for financing under the concept of Bai

can someone answer this question?
this only information that i have
Farhana approaches the Islamic bank and applies for financing under the concept of Bai Bithaman Ajil. Let us say the purchase price for the house is RM800,000 and profit rate is 10 percent per annum. The period of financing is 30 years. Compute the sale price, monthly installments and profit amount based on the constant rate of return (CRR) method
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
