I WANT IT TO BE SLOVED BY HANDS NIT EXECEL

2. An asset has a first cost of $45,000, a recovery period of 5 years, and a $3000 salvage value. Use the DDB depreciation method (making sure that last book value equals the salvage value), and calculate the present worth of depreciation at i = 18% per year. (Ans. PW of depreciation = $30,198)