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True or False: One of the major advantages of MACRS is that the property class lives are usually less than the actual useful lives, thus

True or False: One of the major advantages of MACRS is that the "property class lives" are usually less than the "actual useful lives", thus providing a tax advantage early after investment.

True or False: For a given set of cash flows, when computing the present worth, as the interest rate used goes up, the present worth goes down.

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