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how to do this? Bill owns a data processing company. He plans to buy an additional computer for $20,000, use the computer for 3 years,
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Bill owns a data processing company. He plans to buy an additional computer for $20,000, use the computer for 3 years, and sell it for $10,000. He expects that the use of the computer will produce a net income of $8,000 per year. The combined federal and state tax rate is 45%. Using MACRS depreciation, complete the table below to determine the net present worth of the after-tax cash flow using an interest rate of 12%Step by Step Solution
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