Using the MACRS rates from the following table, what is the book value of a $2,500 computer after 2 years? Year MACRS Rate 1 2 3 4 5 20.0% 32.0% 19.2% 11.52% 11.52% book value = [?]
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what is the book value of a $2500 computer after 2 years?
![Using the MACRS rates from the following table,
what is the book value of a $2,500 computer after 2
years?
Year MACRS Rate
12345
20.0 %
32.0%
19.2%
11.52 %
11.52 %
book value = [?]
Round to the nearest hundredth.
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