Using the MACRS rates from the following table, what is the book value of a $2,500 computer after 2 years? Year MACRS Rate 1 2 3 4 5 20.0% 32.0% 19.2% 11.52% 11.52% book value = [?]

Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
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what is the book value of a $2500 computer after 2 years?

Using the MACRS rates from the following table,
what is the book value of a $2,500 computer after 2
years?
Year MACRS Rate
12345
20.0 %
32.0%
19.2%
11.52 %
11.52 %
book value = [?]
Round to the nearest hundredth.
Enter
Transcribed Image Text:Using the MACRS rates from the following table, what is the book value of a $2,500 computer after 2 years? Year MACRS Rate 12345 20.0 % 32.0% 19.2% 11.52 % 11.52 % book value = [?] Round to the nearest hundredth. Enter
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