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Identify a social change that has had both manifest and latent functions. List and explain the manifest and latent functions that resulted.
Useful Life
The estimated duration of time over which an asset is expected to be functional and generate revenue for its owner.
Annual Expected Income
An estimate of the amount of money that is anticipated to be earned over a one-year period from various sources of income.
Salvage Value
An asset's forecasted value after its period of usability has concluded.
Cost
The amount of money or resources expended to obtain an asset, service, or achieve a specific outcome.
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