3. The feasibility study is considering a $25,000 piece of property, plant, and equipment with...

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3. The feasibility study is considering a $25,000 piece of property, plant, and equipment with an estimated useful life of 8 years and a scrap value of $2,500. To calculate the depreciation using the double-declining balance method, the rate (ratio) of depreciation will be (4 Points) 35% 25% 15th96 30%

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