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10 cards from this deck
Decrease in value of asset over time due to usage, age & wear
Same rand amount lost each year
A=P(1−in)A = P(1 - in)A=P(1−in)
Same percentage of current value lost each year
A=P(1−i)nA = P(1 - i)^nA=P(1−i)n
Straight-line depreciation
Reducing-balance depreciation
No, always retains some value
Simple depreciation
Compound depreciation
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