Year 6 12, 000 6, 912 Totals $120, 000 $120, 000 * The modified accelerated cost recovery system (MACRS) for depreciation is discussed in Chapter 8. 3. Compute the net present value of the investment if straight-line depreciation is used. Use 10% as the discount rate. Chart Values are Based on: i = ces Net Cash PV Year Present Inflow X Factor Value 2 3 = = A 6 Net present value 3,046 MAY