Question: A machine has an initial cost of $ 5 0 , 0 0 0 and a salvage value of $ 1 0 , 0 0

A machine has an initial cost of $50,000 and a salvage value of $10,000 after 10 years. What is the straight-line depreciation rate as a percentage of the initial cost?
A.4%
B.8%
C.10%
* D.12%

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