ccelerated methods of depreciation result in greater depreciation allowances than straight-line depreciation in the early years of the depreciation schedule. Suppose a personal property is eligible for a three-year cost recovery period and can be depreciated using 200 percent declining balance depreciation. Calculate the accelerated depreciation rate in the first year. A) 28.57% B) 33.33% C) 14.28% D) 66.66%

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A:

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Q: Solution needed

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