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Bank Muamalat providos a financing facility based on the Murabaha principle to Barakah Manufacturing to purchase a special equipment for their factory. The financing amounted

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Bank Muamalat providos a financing facility based on the Murabaha principle to Barakah Manufacturing to purchase a special equipment for their factory. The financing amounted to $900,000 at a constant rate of retum of 16% per year for a period of 7 years. How much is the Murabaha receivable balance at the end of Yeat 3 ? 171,435 514,206 57,000

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