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9 Matjpurchased some furniture for $12.000 and paid an additional $1,000 for delivery and installation. The furniture will be depreciated at 1.040 per year. What

Matjpurchased some furniture for $12.000 and paid an additional $1,000 for delivery and installation. The furniture will be depreciated at 1.040 per year. What is the depreciation rate? ned out of Select one 9.45% Ob None of these OC8% O d. 8.67%

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