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1.Per the book, you wish to maximize your depreciations for a piece of equipment placed into service on August 1 st of 2016. This equipment

1.Per the book, you wish to maximize your depreciations for a piece of equipment placed into service on August 1st of 2016. This equipment is classified as seven-year tax life for tax purposes. Using the MACRS tables given in the book, what depreciation rate would you use for 2019 and 2020 in depreciation this equipment?

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