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In economics, normative statements are about
Straight-Line Method
A method of calculating depreciation by evenly spreading the cost of an asset over its useful life.
Present Value
The current worth of a future sum of money or stream of cash flows given a specified rate of return, used in discounting to determine investment value.
Lease Agreement
A contract between two parties where one party agrees to rent property owned by another party, often specifying terms and conditions for use and payment.
Straight-Line Method
A method of depreciation that allocates an equal expense amount to each year of the asset's useful life.
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