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Author Question: Actual cash value is equal to A) replacement cost minus depreciation. B) replacement ... (Read 96 times)

xclash

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Actual cash value is equal to
 
  A)
 
  replacement cost minus depreciation.
  B)
 
  replacement cost plus depreciation.
  C)
 
  market value plus depreciation.
  D)
 
  replacement cost.

Question 2

Under the simple interest method you pay interest only on the outstanding balance.
 
  Indicate whether the statement is true or false



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tennis14576

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Answer to Question 1

A

Answer to Question 2

TRUE





 

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