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
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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