Question: You are interested in executing a Murabaha contract to meet your business needs. The financing amount is AED. 38 million. The bank accepted your offer

You are interested in executing a Murabaha contract to meet your business needs. The financing amount is AED. 38 million. The bank accepted your offer of a profit rate of 6% per annum. The tenor of the contract is one year. The entire Murabaha price will be paid in 10 equal installments? What will be the value of each installment

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