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currency depreciation and appreciation

by Guest2345  |  12 years, 10 month(s) ago

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currency depreciation and appreciation

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  1. Guest331
    Both can be differiented as follows:-

    depreciation is the reduction in the value of an asset due to usage, passage of time, wear and tear, technological outdating or obsolescence, depletion, inadequacy, rot, rust, decay or other such factors.

    Appreciation is a term used in accounting relating to the increase in value of an asset.

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