Question: JUST NEED OPTION no need explain NO need for explanation i will rate you Al Maha Company is going to buy a new machine. Cost

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Al Maha Company is going to buy a new machine. Cost of machine is 172000 OMR. Al Maha goes to Sohar Islamic Bank (SIB) for the machine. They make a "Murabaha" contract. Profit rate for contract is 13% per year and contract is for 5 years. Al Maha will make payments monthly. What is MONTHLY PAYMENT in this MURABAHA? Select one: a. 56760.0 OMR b. 23650.0 OMR c. 1003.3 OMR d. 4730.0 OMR

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