Inputs:

r $=10\mathrm{.}000\%$

n $=10$

TVM compounding factors:

FIVF$($n$,$r$)=2\mathrm{.}5937$

FVIFA$($n$,$r$)=15\mathrm{.}937$

TVM discounding factors:

PVIFA$($n$,$r$)=6\mathrm{.}1446$

PVIF$($n$,$r$)=0\mathrm{.}3855$Compute the remaining book value $($RBV$)$ of an equipment at end of year $2.$ The equipment costs $$3,000,000$ today. The equipment is considered for tax purposes as a $5-$year MACRS class. The MACRS table is provided in excel in this problem, just click here