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Alana Benson is surely an investing author who joined NerdWallet in 2019. She covers numerous types of investing subjects like shares, socially responsible investing, copyright, mutual funds, HSAs and financial information. She can be a frequent contributor to NerdWallet's "Good Funds" podcast.
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Commonly accepted accounting principles (GAAP) allow depreciation less than many methods. The straight-line system assumes that a hard and fast asset loses its worth in proportion to its valuable existence. The accelerated strategy assumes which the asset loses its worth more quickly in its first years of use.