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The following information related to the problem of Musharakah Mutanaqisah Partnership (MMP)
Price of House = RM200,000
Rent = RM1,000 per month
Down payment = 20%
Duration = 20 years
By using the formulas derived Meera and Abdul Razak (2005) for Musharakah Mutanaqisah Partnership (MMP), compute:
a. Rental rate
b. Additional amount that the customer pays per month
c. Monthly installments
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