0
What depreciation method most closely approximates the method used to deplete the cost of natural resources?
Wiki User
∙ 15y ago
Depletion method is used. Int his the amount of extortion is the % of depri. we charge. For eg: If 25% of the resource is extracted or exploited than 25% depriciation will be charged.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
The concept of using natural resources at a rate that does not deplete them is called?
sustainable development
What are perpetual resources?
Perpetual resources are those which never deplete in quantity or quality, and are fixed no matter what amount of time will pass.
Should you borrow or pay out of savings?
Whether to borrow or use savings depends on the situation. Using savings avoids interest but may deplete emergency funds. Borrowing incurs interest but preserves savings. Evaluate interest rates, urgency, and impact on finances. Generally, prioritize savings for emergencies and borrow sensibly for larger investments or essential needs. if you want to win some money and save for yourself check out this free giveaway: sites. google. com/view/giveaways-20233/home (make sure to remove the space from the link)
How can you cash in a life ins policy?
Presuming that you mean that you wish to cash in the policy prior to death, there are a few options, including. 1. If whole life insurance is involved, you may be able to borrow some or all of the accumulated cash value. The policy will provide for an interest rate that will be charged for the period that the loan is outstanding. The insured can, and probably should repay the loan, but it does not have to. If the loan is not repaid, the interest will accumulate on the amount borrowed, and over a long enough period of time, will deplete the death benefit payable. 2. There exist life settlement companies which buy in-force life insurance policies. Funds are paid based upon several factors, including the age of the insured, the insured's expected life expectancy, the insured's health, and the amount of insurance. Naturally, the amount paid for the policy is less than its face value. It is important to check the background of and history of complaints against the life settlement company, and to get several quotes from several companies. It is also important to check with the insurance regulatory authority of the state to determine if the company is authorized to conduct business in the state. 3. Most whole life insurance policies specify a "surrender value", which varies depending upon how long the policy has been in force and premiums paid. This involves essentially turning the policy back to the insurer in return for payment of the surrender value.
What happens with first time home buyers?
The question is pretty vague, but I will try to provide you a detailed answer.The most important thing about buying a home for the first time is choosing the right mortgage program.Most of the times when a home buyer starts his house hunt, he goes like "well, I have saved money for years and i can buy whichever house I want." But that is not how things work here.You cannot afford to spend all your money on buying a home and deplete your budget when it comes to paying bills, home repairs and other monthly costs.How to avoid this this situation?Go to a mortgage lender. He will determine your actual financial situation and help you choose the house that suits you best.One more thing, when you consult a lender, you will often hear "you either pay 20% down payment or we wont grant you any loan."This is not true!There are several first time home buyer loan programs(FHA, VA, USDA, Conventional 97) that provide you loan for low or no down payment at all.Then there are programs like VA, USDA which give you an option of loan with zero down payment. However, both these loans are limited to a particular class each. (VA for US military veterans and USDA for those looking for a property in Rural/Suburban areas).On the other hand, FHA and Conventional 97 loan are accessible to anyone for a small down payment. FHA requires 3.5% while Conventional 97 Loan requires a down payment as low as 3%.So when you start you house hunt, determine you financial condition and go for the loan that suits you best, rather than spending all your savings on a "Dream Home" that will leave you with a depleted budget.
What is a way of using resources that does not deplete them?
sustainable developement
What will happen if your population grow fast?
our resources will deplete
How would you use deplete in a sentence?
Example: 'We wouldn't want to deplete our food source more than we already have.' The spanish tried to deplete the amount of resources the Indians had
How do human activities conserve or deplete the finite resources on Earth?
Deforestation
How do you use the word deplete in a sentence?
If you deplete the resources on an island, you would be forced to move to find more. Continued use of fossil fuels will deplete the existing supplies in a less than a century.
The concept of using natural resources at a rate that does not deplete them is called?
sustainable development
What are perpetual resources?
Perpetual resources are those which never deplete in quantity or quality, and are fixed no matter what amount of time will pass.
A sentence with the word depletion?
Our world is facing a depletion of several natural resources.
Why unemployment leads to poverty?
It stands to reason that not having an income would deplete one's resources.
Was the Ojibwa tribe nomads?
yes the ojibway people moved around so not to deplete there resources.
Deplete means what?
Deplete means the reduction in content, value, utility, numbers. As of resources, menerals, water, air, fertlity due to use-up, consumption etc. Rashid Saleh
Is the way of life of the American Indians an example of sustainable development?
Yes. They did not deplete natural resources faster than those resources were naturally replenished.
