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An organisation acquired new computer systems in 2020 for 40,00,000. The computer systems will have a scrap value of 12,00,000 at the end of

An organisation acquired new computer systems in 2020 for 40,00,000. The computer systems will have a scrap value of 12,00,000 at the end of 8 years, which is their expected lifetime. What will be the expected annual rate of depreciation for the systems?

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