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

JUST NEED OPTION

no need explain

NO need for explanation

i will rate you

 JUST NEED OPTION no need explain NO need for explanation i

Al Akhdar Company is going to buy a new vending machine for its branches. Cost of machine is 12700 OMR. Al Akhdar reaches to Maisarah Islamic Bank (MIB) to find required money for the machine. They make a "Murabaha" contract. The contract is for 10 years. Al Akhdar will make payments monthly. At the end of the contract, MIB makes 19400 OMR of profit. What is the profit rate per year for this contract? Select one: O a. 1.528% Ob. 25.276% O c. 15.276% Od. 6.546%

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