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Residual Value
The estimated value of an asset at the end of its useful life.
Depreciation
The method of distributing the expense of a physical asset throughout its life span.
Double-Declining-Balance
An accelerated method of depreciation where an asset loses value at double the rate of the straight-line depreciation method.
Residual Value
The estimated salvage value of an asset at the end of its useful life, used in calculating depreciation.
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