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This means that the effective interest on such a loan, if recalculated using the declining balance method, is nearly double the flat rate.
en.wikipedia.org
For financial reporting purposes, the two most popular methods of accelerated depreciation are the double declining balance method and the sum-of-the-years digits method.
en.wikipedia.org
Other property, plant and equipment are depreciated using a declining balance method over useful life of 20 years.
www.digitaljournal.com

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