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Assuming modified accelerated cost-recovery-system depreciation and an economic life of five years, what is the...

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Accounting

Assuming modified accelerated cost-recovery-system depreciation and an economic life of five years, what is the book value after three years of an asset of initial cost P? OA 0.288P OB. 0.422P OC. 0.808P Elag for Review OD. 0.852P

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