1.

Calculate the Gross Annual Value from the following details: MunicipalValue ` 45,000Fair rental value ` 50,000 Standard Rent ` 48,000 Actual Rent ` 42,000

A. ` 50,000
B. 48,000
C. ` 45,000
D. 42,000
Answer» C. ` 45,000


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