What is my amortizable asset's "life"?

If your amortizable asset has an easily quantifiable fixed life (for example, a patent that lasts for 20 years), enter it here.

If your asset will probably expire at some point, but you're not sure when, enter your best guess.

If your asset has an indefinite lifespan (meaning you can't imagine it ever running out), you don't need to depreciate it, so you shouldn't enter it here at all.

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