Question 1.46 Residual Value is not part of the depreciation expense over the life of the asset: In the straight-line, double-declining balance and units-of production methods 0 In the MACRS and Double Declining Balance Method 0 In the staright-line method 0 In the MACRS Method Question 1.47 Which of the following represents the formula for calculating interest on a note? Interest Rate x Payments Principal x Interest Rate O Payments x 12 x Interest Rate D Principal x Interest Rate x Time x Question 1.48 What is the amount due at maturity for a 2-month, $5,000, 9% note receivable? D $4.925 D s5.000 O ss.075 O s5.450