I have the following questions from Business Math. Is the straight-line rate 1/9? And how would you enter that? 11%?

1)

Complete the following as they relate to the declining-balance method of depreciation. Round to the nearest hundredth if necessary.

Answer

Straight-LineDeclining-Balance

YearsRate (%)Multiple (%)Rate (%)

9_____150_____

What is the straight-line rate? __________________________

2)

Complete the following as they relate to the units-of-production method of depreciation. Round answers to the nearest tenth of a cent.

SalvageUnits ofDepreciation

AssetCostValueUseful Lifeper Unit

Copier3,9000160,000 copies_______

What is the depreciation per unit? __________________________