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Market Rate
The prevailing interest rate or cost of borrowing expressed as a percentage, available in the financial markets.
Economic Conditions
Refers to the state of a country's economy at a certain time, including factors like inflation, unemployment, and GDP growth.
Straight-Line Method
A depreciation technique that allocates an equal amount of depreciation to each year over the asset's useful life.
Double-Declining-Balance Method
A method of depreciation that provides for a declining periodic depreciation expense over the expected useful life of an asset.
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