A Heavy equipment was purchased by Al Madina Logistics Company, purchased for OMR 95000 with an estimated useful life of 8 years. The expected scrap value at the end of its useful life is OMR 25000. Using write down value method i) Find the rate of depreciation. ii) Book value at the end of first year Ms. Zamzam purchased a new flat in a Apartment for OMR 52000 for her daughter. She made a down payment of OMR 12000. The Flat is mortgage for 15 years at rate of 8.50%. Amortization Table (Partial- Mortgage principal and interest per 1000) 1) The Mortgage is OMR 1) The monthly payment for Ms. Zamzam is OMR III) Total cost of interest for Ms. Zamzam is OMR IV) Balance of payment at the end of 1 month payment is OMR