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A machine has an initial cost of Php 5 0 , 0 0 0 . 0 0 and asalvage value of Php 1 0 ,

A machine has an initial cost of Php 50,000.00 and asalvage value of Php 10,000.00 after 10 years. Whatis the straight-line depreciation rate as a percentageof the initial cost?

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