Examlex
Simplify the rational expression. If the rational expression cannot be simplified, so state.
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Net Book Value
The value of an asset after accounting for depreciation or amortization, representing its residual value on the balance sheet.
Double Declining-Balance Depreciation
A method of accelerated depreciation that doubles the straight-line rate of depreciation.
Estimated Residual Value
The projected value of an asset at the end of its useful life, used in calculating depreciation.
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