Time & moneyAges 13-15

Annual asset depreciation

Calculate the book value of equipment after straight-line annual dollar depreciation. Review suitability for your learners before teaching.

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Age band:Ages 13-15 Ages 16-18

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Worksheet StudioPractice pack · Ages 13-15

Annual asset depreciation

Take your time. Show your thinking.

1. A piece of equipment worth $1250 depreciates by $50 per year. What is its value after 3 years?
$1250 · $50 · 3 · Annual asset depreciation
2. A piece of equipment worth $2750 depreciates by $450 per year. What is its value after 5 years?
$2750 · $450 · 5 · Annual asset depreciation
3. A piece of equipment worth $3450 depreciates by $450 per year. What is its value after 5 years?
$3450 · $450 · 5 · Annual asset depreciation
4. A piece of equipment worth $1400 depreciates by $100 per year. What is its value after 2 years?
$1400 · $100 · 2 · Annual asset depreciation
5. A piece of equipment worth $1950 depreciates by $250 per year. What is its value after 3 years?
$1950 · $250 · 3 · Annual asset depreciation
6. A piece of equipment worth $500 depreciates by $50 per year. What is its value after 2 years?
$500 · $50 · 2 · Annual asset depreciation
7. A piece of equipment worth $2500 depreciates by $400 per year. What is its value after 3 years?
$2500 · $400 · 3 · Annual asset depreciation
8. A piece of equipment worth $1400 depreciates by $50 per year. What is its value after 2 years?
$1400 · $50 · 2 · Annual asset depreciation
9. A piece of equipment worth $4200 depreciates by $500 per year. What is its value after 6 years?
$4200 · $500 · 6 · Annual asset depreciation
10. A piece of equipment worth $1400 depreciates by $300 per year. What is its value after 2 years?
$1400 · $300 · 2 · Annual asset depreciation
11. A piece of equipment worth $2100 depreciates by $250 per year. What is its value after 6 years?
$2100 · $250 · 6 · Annual asset depreciation
12. A piece of equipment worth $1000 depreciates by $200 per year. What is its value after 3 years?
$1000 · $200 · 3 · Annual asset depreciation

12 questions · Seed 42 · Age guidance, not curriculum certification

View the answer key

Worksheet StudioAnswer key · Ages 13-15

Annual asset depreciation

Answers and reasoning. Review before teaching.

1. A piece of equipment worth $1250 depreciates by $50 per year. What is its value after 3 years?
$1100
Total depreciation = $50 × 3 = $150. Remaining value = $1250 − $150 = $1100.
2. A piece of equipment worth $2750 depreciates by $450 per year. What is its value after 5 years?
$500
Total depreciation = $450 × 5 = $2250. Remaining value = $2750 − $2250 = $500.
3. A piece of equipment worth $3450 depreciates by $450 per year. What is its value after 5 years?
$1200
Total depreciation = $450 × 5 = $2250. Remaining value = $3450 − $2250 = $1200.
4. A piece of equipment worth $1400 depreciates by $100 per year. What is its value after 2 years?
$1200
Total depreciation = $100 × 2 = $200. Remaining value = $1400 − $200 = $1200.
5. A piece of equipment worth $1950 depreciates by $250 per year. What is its value after 3 years?
$1200
Total depreciation = $250 × 3 = $750. Remaining value = $1950 − $750 = $1200.
6. A piece of equipment worth $500 depreciates by $50 per year. What is its value after 2 years?
$400
Total depreciation = $50 × 2 = $100. Remaining value = $500 − $100 = $400.
7. A piece of equipment worth $2500 depreciates by $400 per year. What is its value after 3 years?
$1300
Total depreciation = $400 × 3 = $1200. Remaining value = $2500 − $1200 = $1300.
8. A piece of equipment worth $1400 depreciates by $50 per year. What is its value after 2 years?
$1300
Total depreciation = $50 × 2 = $100. Remaining value = $1400 − $100 = $1300.
9. A piece of equipment worth $4200 depreciates by $500 per year. What is its value after 6 years?
$1200
Total depreciation = $500 × 6 = $3000. Remaining value = $4200 − $3000 = $1200.
10. A piece of equipment worth $1400 depreciates by $300 per year. What is its value after 2 years?
$800
Total depreciation = $300 × 2 = $600. Remaining value = $1400 − $600 = $800.
11. A piece of equipment worth $2100 depreciates by $250 per year. What is its value after 6 years?
$600
Total depreciation = $250 × 6 = $1500. Remaining value = $2100 − $1500 = $600.
12. A piece of equipment worth $1000 depreciates by $200 per year. What is its value after 3 years?
$400
Total depreciation = $200 × 3 = $600. Remaining value = $1000 − $600 = $400.

12 questions · Seed 42 · Age guidance, not curriculum certification

Worksheet StudioPractice pack · Ages 13-15

Annual asset depreciation

Take your time. Show your thinking.

1. A piece of equipment worth $1250 depreciates by $50 per year. What is its value after 3 years?
$1250 · $50 · 3 · Annual asset depreciation
2. A piece of equipment worth $2750 depreciates by $450 per year. What is its value after 5 years?
$2750 · $450 · 5 · Annual asset depreciation
3. A piece of equipment worth $3450 depreciates by $450 per year. What is its value after 5 years?
$3450 · $450 · 5 · Annual asset depreciation
4. A piece of equipment worth $1400 depreciates by $100 per year. What is its value after 2 years?
$1400 · $100 · 2 · Annual asset depreciation
5. A piece of equipment worth $1950 depreciates by $250 per year. What is its value after 3 years?
$1950 · $250 · 3 · Annual asset depreciation
6. A piece of equipment worth $500 depreciates by $50 per year. What is its value after 2 years?
$500 · $50 · 2 · Annual asset depreciation
7. A piece of equipment worth $2500 depreciates by $400 per year. What is its value after 3 years?
$2500 · $400 · 3 · Annual asset depreciation
8. A piece of equipment worth $1400 depreciates by $50 per year. What is its value after 2 years?
$1400 · $50 · 2 · Annual asset depreciation
9. A piece of equipment worth $4200 depreciates by $500 per year. What is its value after 6 years?
$4200 · $500 · 6 · Annual asset depreciation
10. A piece of equipment worth $1400 depreciates by $300 per year. What is its value after 2 years?
$1400 · $300 · 2 · Annual asset depreciation
11. A piece of equipment worth $2100 depreciates by $250 per year. What is its value after 6 years?
$2100 · $250 · 6 · Annual asset depreciation
12. A piece of equipment worth $1000 depreciates by $200 per year. What is its value after 3 years?
$1000 · $200 · 3 · Annual asset depreciation

12 questions · Seed 42 · Age guidance, not curriculum certification

Worksheet StudioAnswer key · Ages 13-15

Annual asset depreciation

Answers and reasoning. Review before teaching.

1. A piece of equipment worth $1250 depreciates by $50 per year. What is its value after 3 years?
$1100
Total depreciation = $50 × 3 = $150. Remaining value = $1250 − $150 = $1100.
2. A piece of equipment worth $2750 depreciates by $450 per year. What is its value after 5 years?
$500
Total depreciation = $450 × 5 = $2250. Remaining value = $2750 − $2250 = $500.
3. A piece of equipment worth $3450 depreciates by $450 per year. What is its value after 5 years?
$1200
Total depreciation = $450 × 5 = $2250. Remaining value = $3450 − $2250 = $1200.
4. A piece of equipment worth $1400 depreciates by $100 per year. What is its value after 2 years?
$1200
Total depreciation = $100 × 2 = $200. Remaining value = $1400 − $200 = $1200.
5. A piece of equipment worth $1950 depreciates by $250 per year. What is its value after 3 years?
$1200
Total depreciation = $250 × 3 = $750. Remaining value = $1950 − $750 = $1200.
6. A piece of equipment worth $500 depreciates by $50 per year. What is its value after 2 years?
$400
Total depreciation = $50 × 2 = $100. Remaining value = $500 − $100 = $400.
7. A piece of equipment worth $2500 depreciates by $400 per year. What is its value after 3 years?
$1300
Total depreciation = $400 × 3 = $1200. Remaining value = $2500 − $1200 = $1300.
8. A piece of equipment worth $1400 depreciates by $50 per year. What is its value after 2 years?
$1300
Total depreciation = $50 × 2 = $100. Remaining value = $1400 − $100 = $1300.
9. A piece of equipment worth $4200 depreciates by $500 per year. What is its value after 6 years?
$1200
Total depreciation = $500 × 6 = $3000. Remaining value = $4200 − $3000 = $1200.
10. A piece of equipment worth $1400 depreciates by $300 per year. What is its value after 2 years?
$800
Total depreciation = $300 × 2 = $600. Remaining value = $1400 − $600 = $800.
11. A piece of equipment worth $2100 depreciates by $250 per year. What is its value after 6 years?
$600
Total depreciation = $250 × 6 = $1500. Remaining value = $2100 − $1500 = $600.
12. A piece of equipment worth $1000 depreciates by $200 per year. What is its value after 3 years?
$400
Total depreciation = $200 × 3 = $600. Remaining value = $1000 − $600 = $400.

12 questions · Seed 42 · Age guidance, not curriculum certification