Time left 1:29:01 Ali is interested in acquiring an apartment which is currently priced at BD400,000. Ali has a balance in his saving account of 30% of the current price of the apartment, so he sought a financing arrangement from a local Islamic bank (IB) that offered a Diminishing Musshrakah transactional structure for this arrangement. The IB agreed to extend the financing need by Ali with the following terms and conditions: Apartment cost: BD 400,000 All Own's source: 30% Tenor: 70 months Number of Units of the IB's ownership in the apartment: 70 Cost per unit: BD4,000 Monthly Rent of the apartment: 296 All agreed to buy one unit from the bank each month. Calculate the annual rent due to the bank during the third month. You should write your answer like BDx...X.XXX