Mr Mehta buys national savings certificates of values exceeding of the last years purchase by Tk....
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Mr Mehta buys national savings certificates of values exceeding of the last years purchase by Tk. 100. After 10 years he finds that the total value of the certificates purchased by him is Tk. 50,000. Find the value of the certificates purchased by him: (i) In the first year (ii) In the eight year [Ans: Tk. 4550 & Tk. 5250] Mr Mehta buys national savings certificates of values exceeding of the last years purchase by Tk. 100. After 10 years he finds that the total value of the certificates purchased by him is Tk. 50,000. Find the value of the certificates purchased by him: (i) In the first year (ii) In the eight year [Ans: Tk. 4550 & Tk. 5250]
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i The value of the certificates purchased in the first year Tk4550 ... View the full answer
Related Book For
South Western Federal Taxation 2015
ISBN: 9781305310810
38th edition
Authors: William H. Hoffman, William A. Raabe, David M. Maloney, James C. Young
Posted Date:
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