
Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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![Using the MACRS rates from the following table,
what is the book value of a $3,000 computer after 4
years?
Year MACRS Rate
1
20.0 %
2
32.0 %
3.
19.2 %
4
11.52 %
11.52 %
book value = [ ?]
Round to the nearest hundredth.
Enter
3- 2022 International Academy of Science. All Rights Reserved.](https://content.bartleby.com/qna-images/question/657b0f2c-505d-4f01-9591-bc88ec786b35/bb8ff883-958b-4835-be48-463934fdd882/h3ejz8q_thumbnail.jpeg)
Transcribed Image Text:Using the MACRS rates from the following table,
what is the book value of a $3,000 computer after 4
years?
Year MACRS Rate
1
20.0 %
2
32.0 %
3.
19.2 %
4
11.52 %
11.52 %
book value = [ ?]
Round to the nearest hundredth.
Enter
3- 2022 International Academy of Science. All Rights Reserved.
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