Using the MACRS rates from the following table, what is the book value of a $3,000 computer after 5 years? Year MACRS Rate 1 20.0 % 2 32.0 % 3 19.2% 4 11.52% 5 11.52 % book value = [?]
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Book value of a $3000 computer after 5 years
![Using the MACRS rates from the following table,
what is the book value of a $3,000 computer after 5
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.
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