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Once a Student Learns to Solve One Type of Math

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Once a student learns to solve one type of math equation, she can utilize this same formula with similar problems.This student is demonstrating


Definitions:

Future Value

Value of cash flows at a future date, taking into account interest accumulated between when the cash flow occurred and the future date.

Double-Declining Balance

An accelerated method of depreciation that doubles the rate at which an asset’s book value declines compared to straight-line depreciation.

Straight-Line Depreciation

A method of allocating the cost of an asset evenly over its useful life.

Depreciation Tax Shield

The reduction in taxes due to depreciation’s reducing taxable income.

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