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UUID | 208aed30-f670-11e3-b7aa-bc764e2038f2 |
The Straight-Line Method of depreciation allocates the cost of the asset evenly over time. This method calculates the annual depreciation. The Straight-Line Method is a method by which the same dollar amount of depreciation is recorded in each year of asset use.
Input Variables:
A- Acquisition Cost
R- Residual Value
L- Life
Output for Formula:
Returns the Straight-Line Method of Depreciation
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