18. A man invested fifteen years ago a certain sum in a bank and thereafter at the end of
each year he deposited a sum more than 10% of what he did in the previous year. He
now receives a sum of Rs. 16,712 on making the last payment. What is the amount
deposited as first intalment, if bank rate of interest is 10% p.a. compound ? [Take
(1.1)15 = 4.178]
[Ans. Rs. 250]
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