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What is the present worth today of the cost of this mistake

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Question - Rodney has discovered that for the last three years his company has been classifying as Class 8, items costing between Si00 and $200 that should be in CCA Class 12. If an estimated $10 000 of assets per year were misclassified, what is the present worth today of the cost of this mistake? Assume that the mistake can only be corrected for assets bought in the future. Rodney's company pays taxes at 50% and its after-tax ALARR is 9%.

Reference no: EM132864992

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