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A client enters into Diminishing Musharakah with a bank (60:40) capital investment ratio for a purchase of a house worth 50,00,000. The bank will charge

A client enters into Diminishing Musharakah with a bank (60:40) capital investment ratio for a purchase of a house worth 50,00,000. The bank will charge 13% profit and the contract will be for 7 years.

Prepare Musharakah Schedule for a Periods of 7 years considering quarterly rental payments and answer the following questions.

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