The original cost of a motor home was 60,000 with an estimated ...

[oliviahorn72]

The original cost of a motor home was 60,000 with an estimated life of 8 years. What is the annual double-declining-balance rate?
 a. 25
 
  b. 14
 
  c. 12.5
 
  d. 7.5

Question 2

The deterministic (non-simulation) approach, using best guesses for the uncertain inputs, is:
 a. better to use in complicated real world applications
  b. a good estimate of what the answer will be using a simulation approach
  c. generally not the appropriate model
  d. the preferred approach when there is correlation between input variables

[millet]

Answer to Question 1

a

Answer to Question 2

c

[oliviahorn72]

Thank you

[millet]

No problemo