Styles Latifa purchased an apartment using the diminishing Musharaka method of financing from Egypt Islamic Bank. The value of the apartment is (Egyptian pound) EGP 500,000. Egypt Islamic Bank requires 20% deposit. The repayment period is 10 years. The market rental value for the apartment is estimated at EGP30,000 per year. Repayment is annual How much will Latifa have to deposit for the purchase of the apartment? How much will Egypt Islamic Bank finance? Complete the table below for the diminishing Musharaka Year 1 is completed. Year Rent Annual repayment Total Bank Latifa payment to of purchase price payment to ownership ownership bank to bank bank (9) (%) Start of 80 20 contract 1 24000 40000 64000 72 28 2 . none none none 3 4 6 F 8 9 10 Lates)