=+E7-7 Straight-line depreciation rates Obj 2 / a. 50% Convert each ofthe following estimates of useful life

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=+E7-7 Straight-line depreciation rates Obj 2

/

a. 50%

Convert each ofthe following estimates of useful life to a straight-line depreciation rate, stated as a percentage, assuming that the residual value ofthe fixed asset is to be ignored:

(a) 2 years,

(b) 8 years,

(c) 10 years,

(d) 20 years,

(e) 25 years,

(f) 40 years, (g) 50 years.

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