=+EX 10-8 Straight-line depreciation rates obj. 2

✔

c. 10%

Convert each of the following estimates of useful life to a straight-line depreciation rate, stated as a percentage, assuming that the residual value of the fixed asset is to be ignored:

(a) 2 years,

(b) 8 years,

(c) 10 years,

(d) 20 years,

(e) 25 years,

(f) 40 years, (g)

50 years.