Question: Question 4 (2 Marks) Ali is interested in purchasing a house worth 51,750 OMR. Ali goes to Sohar Bank (an Islamic bank) for the purchase

Question 4 (2 Marks) Ali is interested in purchasing a house worth 51,750 OMR. Ali goes to Sohar Bank (an Islamic bank) for the purchase of the property and puts down 40% of the price as a down payment. Both parties determined the rental value for the house as 350 OMR per month as the rental value. Based on the rental value and the financing period, the financial institution determined fixed monthly payments as 4,000, which Ali would have to make to own the house. Prepare payment table for this contract. Find the beginning bank ownership. . Find the total rent paid. . Find the total extra payments

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