Blossom Inc. owns the following assets. Asset Cost Salvage Estimated Useful Life A $72,300 $7,230 10 years B 53,500 100,860 5,350 5 years 4,920 12 years Compute the composite depreciation rate and the composite life of Blossom's assets. (Round answers to 1 decimal place, e.g. 4.8% or 4.8 years.) Composite depreciation rate % Composite life years