A building has a 10-year useful life and a residual value equal to 10% of the building's original cost.If the double-declining balance method is used,what depreciation rate would be used?
A) 9%
B) 10%
C) 18%
D) 20%

Question

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The Answer of A building has a 10-year useful life and a residual value equal to 10% of the building's original cost.If the double-declining balance method is used,what depreciation rate would be used?
A) 9%
B) 10%
C) 18%
D) 20%

A Building Has a 10-Year Useful Life and a Residual