Using the MACRS rates from the following table, what is the book value of a $3,000 computer after 2 years? Year MACRS Rate 1 20.0% 2 32.0% 3 19.2% 4 11.52 % 11.52 % 5 book value= = [?]

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
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Chapter4: Time Value Of Money
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Book value of a $3000 computer after 2 years 

A Acellus - The Science of Learning x +
us_engine.html?ClassID=942004183
n
Using the MACRS rates from the following table,
what is the book value of a $3,000 computer after 2
years?
Year MACRS Rate
1
20.0 %
2
32.0%
3
19.2%
4
11.52 %
5
11.52 %
book value = [?]
Round to the nearest hundredth.
The Science of Learning
e Science of Learning
cellus.com
Enter
Transcribed Image Text:A Acellus - The Science of Learning x + us_engine.html?ClassID=942004183 n Using the MACRS rates from the following table, what is the book value of a $3,000 computer after 2 years? Year MACRS Rate 1 20.0 % 2 32.0% 3 19.2% 4 11.52 % 5 11.52 % book value = [?] Round to the nearest hundredth. The Science of Learning e Science of Learning cellus.com Enter
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