Straight-Line Depreciation Rates

Convert each of the following estimates of useful life to a straight-line depreciation rate, stated as a percentage, assuming that the The estimated value of a fixed asset at the end of its useful life.residual value of the Long-term or relatively permanent tangible assets such as equipment, machinery, and buildings that are used in the normal business operations and that depreciate over time.fixed asset is to be ignored: (a) 4 years, (b) 8 years, (c) 10 years, (d) 16 years, (e) 25 years, (f) 40 years, (g) 50 years. If required, round your answers to two decimal places.

	Years	Percentage
a.	4 years	%
b.	8 years	%
c.	10 years	%
d.	16 years	%
e.	25 years	%
f.	40 years	%
g.	50 years	%