Using the MACRS rates from the following table, what is the book value of a $3,500 computer after 2 years? Year MACRS Rate 1 20.0 % 2 32.0% 3 19.2% 11.52 % 11.52 % 4 5
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sonan x A Acellus-The Science of Learning x
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ified Accelerated Cost Recovery System
Using the MACRS rates from the following table,
what is the book value of a $3,500 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.
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