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Two people talking face to face is called
Down Payment
An initial upfront portion of the total amount due, typically associated with the purchase of expensive items like cars or real estate.
Present Value Calculation
A financial process that determines the current worth of a future cash flow, stream of cash flows, or an investment, based on a specific discount rate.
Declining-Balance Depreciation
Declining-Balance Depreciation is an accelerated depreciation method that calculates higher depreciation expenses in the earlier years of an asset's life, decreasing over time.
Lease Liability
A financial obligation representing the present value of all future lease payments a lessee is committed to make under lease agreements.
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