5.51. An assessee depreciated the machinery of his factory by 10% each in the first two yearsby 40% in the third year and thereby claimed 21% average depreciation relief from taxationdepartment, but the 1.T.O. objected and allowed only 20%. Show which of the two is right1.1.

Answered: Image /qna-images/answer/546d9aaf-3f1a-4c35-9255-56f32f6d6b12.jpg

Answered: 5.51. An assessee depreciated the…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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James has an investment worth $175,609.50. The investment will make a special payment of X to James in 1 month from today and the investment also will make regular, fixed monthly payments of $1,440.00 to James forever. The expected return for the investment is 1.23 percent per month and the first regular, fixed monthly payment of $1,440.00 will be made to James in one month from today. What is X, the amount of the special payment that will be made to James in 1 month? An amount less than $58,600.00 or an anmount greater than $179,600.00 An amount equal to or greater than $58,600.00 but less than $88,950.00 An amount equal to or greater than $88,950.00 but less than $146,400.00 An amount equal to or greater than $146,400.00 but less than $176,000.00 O An amount equal to or greater than $176,000.00 but less than $179,600.00 Com SHEMA
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5.51. An assessee depreciated the machinery of his factory by 10% each in the first two years by 40% in the third year and thereby claimed 21% average depreciation relief from taxation department, but the 1.T.O. objected and allowed only 20%. Show which of the two is right.