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Esther is considering the purchase of a new truck for her business. The purchase price of the truck is $40000. She expects the truck to

Esther is considering the purchase of a new truck for her business. The purchase price of the truck is $40000. She expects the truck to last for 6 years. At the end of year 6 - the truck should have a salvage value of $9000. Assuming declining-balance depreciation, calculate the depreciation rate d

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