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Simplify the numerical expression.
Annual Depreciation
The amount of an asset's cost that is allocated as expense across one year of its useful life, reflecting the asset's loss of value over time.
Double-declining-balance Method
A method of accelerated depreciation which doubles the straight-line depreciation rate, applying it against the un-depreciated balance each year.
Depreciation Schedule
A table detailing the periodic depreciation expense for an asset over its useful life.
Annual Depreciation
The process of allocating the cost of a tangible asset over its useful life on a yearly basis.
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