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