Examlex
Name the following compound.
Residual Value
The estimated value that an asset will have at the end of its useful life.
Estimated Life
The expected period over which an asset will be utilized or useful, often used for the purpose of depreciation or amortization calculations.
Depreciable Cost
The total cost of a fixed asset that can be depreciated over its useful life, excluding salvage value.
Residual Value
The estimated salvage value or the value of an asset at the end of its useful life.
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