Property Valuation
A straight-line method of depreciation for appraisal purposes assumes that:
ADepreciation accelerates as the building ages
BDepreciation occurs at a constant annual rate over the building's economic life✓ Correct
CLand depreciates at the same rate as improvements
DDepreciation applies only to commercial properties
Explanation
The straight-line method assumes equal depreciation each year: annual depreciation = total depreciation ÷ total economic life.
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