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 residual value of the fixed asset is to be ignored: (a) 4 years, (b) 8 years, (c) 10 years, (d) 16 years, (e) 25 years, () 40 years, (9) 50 years. If required, round your answers to two decimal places Years Percentage a. 4 years % b. 8 years C. 10 years 16 years %% e. 25 years % f. 40 years 50 years