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Practical English: Banking
I´d like to change some euro into US dollars.
Hi. May I help you?
Yes. What´s the buying rate for euro?
1.15 U.S. dollars to the euro.
Okay. I´d like to change some euro into US dollars, please.
Over the last several years, most countries´ tax laws discarded the concept of estimated useful life; each asset´s depreciation is nowadays computed over a period of years as prescribed by the laws for that type of property.
Such periods prescribed by the law are called prescribed recovery periods.