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Hi! I have a question on the case described above. It is written that an investment is 81m and residual value is 10m. Why is tax allowable depreciation charged on a straight-line basis is calculated without taking the residual value into account?
According to solution to this question, annual TAD is 81/3=27
However, I expected it to be (81-10)/3=23,67
Thank you in advance
