It’s been almost two years since that last big cleanout, however, and I was due for another. When I came across a Southern Living piece touting the “rule of three” as an effective method for getting ...

Amortization breaks down large debts or asset costs into manageable payments over time. For loans, it means paying both ...

Depreciation is an accounting method that spreads out the cost of an asset over its ... the sum-of-the-years' digits would be 15 (1+2+3+4+5). The formula for year one would be (5/15) x ($25,000 - ...

B Prasanna, Head of Global Markets Group at ICICI Bank said that the rupee has performed better than many other currencies despite the recent strength of the dollar. He stated that while the rupee has ...

For example, if your car cost you Rs 10 lakh and it's now 3 years old, then according to IRDAI’s given slab, the depreciation rate would be 40% of the vehicle’s cost. Here’s a method to ...

This takes depreciation into account, including the item’s age, life expectancy, and wear and tear. For example, if you purchased a laptop for $2,000 three years ago and it is stolen ...

For small businesses, there are 3 business valuation methods which are most common. By 'small', we mean businesses making less < $2M in annual sales, sometimes also referred to as ‘Main Street ...

In Kate Fagan’s novel, “The Three Lives of Cate Kay,” a best-selling writer decides to reveal the tragedy behind her success. By Nina LaCour Nina LaCour is the author of the novels “We Are ...