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7. A machine initially costing $25,000 will have a salvage value of $6000 after 5 years. Using MACRS, what will its book value be after

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7. A machine initially costing $25,000 will have a salvage value of $6000 after 5 years. Using MACRS, what will its book value be after the third year? 8. The national debt is approximately $22 trillion. What is the required payment per year to completely pay off the debt in 20 years, assuming an interest rate of 6%

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