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5. On 6/14/2013, Jack paid $295000 for a property. On 8/2/2015, be sold the property. Compute the MACRS depreciation. He used this property in his

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5. On 6/14/2013, Jack paid $295000 for a property. On 8/2/2015, be sold the property. Compute the MACRS depreciation. He used this property in his company during this time period. Note: recovery period is 15 years. Note: Find the depreciation (in dollars) for each year from 2013 to 2015. separately. Final answer: I 6- If interest rate for an investment is 10% compounded quarterly. What is the effective interest rate for a month? Final

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