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 $700 depreciates by $100 per year. What is its value after 2 years?
$700 · $100 · 2 · Annual asset depreciation
2. A piece of equipment worth $1400 depreciates by $450 per year. What is its value after 2 years?
$1400 · $450 · 2 · Annual asset depreciation
3. A piece of equipment worth $3800 depreciates by $500 per year. What is its value after 5 years?
$3800 · $500 · 5 · Annual asset depreciation
4. A piece of equipment worth $2000 depreciates by $250 per year. What is its value after 2 years?
$2000 · $250 · 2 · Annual asset depreciation
5. A piece of equipment worth $1400 depreciates by $50 per year. What is its value after 6 years?
$1400 · $50 · 6 · Annual asset depreciation
6. A piece of equipment worth $1650 depreciates by $150 per year. What is its value after 3 years?
$1650 · $150 · 3 · Annual asset depreciation
7. A piece of equipment worth $1600 depreciates by $200 per year. What is its value after 3 years?
$1600 · $200 · 3 · Annual asset depreciation
8. A piece of equipment worth $1700 depreciates by $100 per year. What is its value after 2 years?
$1700 · $100 · 2 · Annual asset depreciation
9. A piece of equipment worth $1700 depreciates by $400 per year. What is its value after 2 years?
$1700 · $400 · 2 · Annual asset depreciation
10. A piece of equipment worth $3100 depreciates by $400 per year. What is its value after 4 years?
$3100 · $400 · 4 · Annual asset depreciation
11. A piece of equipment worth $2250 depreciates by $150 per year. What is its value after 5 years?
$2250 · $150 · 5 · Annual asset depreciation
12. A piece of equipment worth $1300 depreciates by $350 per year. What is its value after 2 years?
$1300 · $350 · 2 · Annual asset depreciation

12 questions · Seed 104729 · 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 $700 depreciates by $100 per year. What is its value after 2 years?
$500
Total depreciation = $100 × 2 = $200. Remaining value = $700 − $200 = $500.
2. A piece of equipment worth $1400 depreciates by $450 per year. What is its value after 2 years?
$500
Total depreciation = $450 × 2 = $900. Remaining value = $1400 − $900 = $500.
3. A piece of equipment worth $3800 depreciates by $500 per year. What is its value after 5 years?
$1300
Total depreciation = $500 × 5 = $2500. Remaining value = $3800 − $2500 = $1300.
4. A piece of equipment worth $2000 depreciates by $250 per year. What is its value after 2 years?
$1500
Total depreciation = $250 × 2 = $500. Remaining value = $2000 − $500 = $1500.
5. A piece of equipment worth $1400 depreciates by $50 per year. What is its value after 6 years?
$1100
Total depreciation = $50 × 6 = $300. Remaining value = $1400 − $300 = $1100.
6. A piece of equipment worth $1650 depreciates by $150 per year. What is its value after 3 years?
$1200
Total depreciation = $150 × 3 = $450. Remaining value = $1650 − $450 = $1200.
7. A piece of equipment worth $1600 depreciates by $200 per year. What is its value after 3 years?
$1000
Total depreciation = $200 × 3 = $600. Remaining value = $1600 − $600 = $1000.
8. A piece of equipment worth $1700 depreciates by $100 per year. What is its value after 2 years?
$1500
Total depreciation = $100 × 2 = $200. Remaining value = $1700 − $200 = $1500.
9. A piece of equipment worth $1700 depreciates by $400 per year. What is its value after 2 years?
$900
Total depreciation = $400 × 2 = $800. Remaining value = $1700 − $800 = $900.
10. A piece of equipment worth $3100 depreciates by $400 per year. What is its value after 4 years?
$1500
Total depreciation = $400 × 4 = $1600. Remaining value = $3100 − $1600 = $1500.
11. A piece of equipment worth $2250 depreciates by $150 per year. What is its value after 5 years?
$1500
Total depreciation = $150 × 5 = $750. Remaining value = $2250 − $750 = $1500.
12. A piece of equipment worth $1300 depreciates by $350 per year. What is its value after 2 years?
$600
Total depreciation = $350 × 2 = $700. Remaining value = $1300 − $700 = $600.

12 questions · Seed 104729 · 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 $700 depreciates by $100 per year. What is its value after 2 years?
$700 · $100 · 2 · Annual asset depreciation
2. A piece of equipment worth $1400 depreciates by $450 per year. What is its value after 2 years?
$1400 · $450 · 2 · Annual asset depreciation
3. A piece of equipment worth $3800 depreciates by $500 per year. What is its value after 5 years?
$3800 · $500 · 5 · Annual asset depreciation
4. A piece of equipment worth $2000 depreciates by $250 per year. What is its value after 2 years?
$2000 · $250 · 2 · Annual asset depreciation
5. A piece of equipment worth $1400 depreciates by $50 per year. What is its value after 6 years?
$1400 · $50 · 6 · Annual asset depreciation
6. A piece of equipment worth $1650 depreciates by $150 per year. What is its value after 3 years?
$1650 · $150 · 3 · Annual asset depreciation
7. A piece of equipment worth $1600 depreciates by $200 per year. What is its value after 3 years?
$1600 · $200 · 3 · Annual asset depreciation
8. A piece of equipment worth $1700 depreciates by $100 per year. What is its value after 2 years?
$1700 · $100 · 2 · Annual asset depreciation
9. A piece of equipment worth $1700 depreciates by $400 per year. What is its value after 2 years?
$1700 · $400 · 2 · Annual asset depreciation
10. A piece of equipment worth $3100 depreciates by $400 per year. What is its value after 4 years?
$3100 · $400 · 4 · Annual asset depreciation
11. A piece of equipment worth $2250 depreciates by $150 per year. What is its value after 5 years?
$2250 · $150 · 5 · Annual asset depreciation
12. A piece of equipment worth $1300 depreciates by $350 per year. What is its value after 2 years?
$1300 · $350 · 2 · Annual asset depreciation

12 questions · Seed 104729 · 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 $700 depreciates by $100 per year. What is its value after 2 years?
$500
Total depreciation = $100 × 2 = $200. Remaining value = $700 − $200 = $500.
2. A piece of equipment worth $1400 depreciates by $450 per year. What is its value after 2 years?
$500
Total depreciation = $450 × 2 = $900. Remaining value = $1400 − $900 = $500.
3. A piece of equipment worth $3800 depreciates by $500 per year. What is its value after 5 years?
$1300
Total depreciation = $500 × 5 = $2500. Remaining value = $3800 − $2500 = $1300.
4. A piece of equipment worth $2000 depreciates by $250 per year. What is its value after 2 years?
$1500
Total depreciation = $250 × 2 = $500. Remaining value = $2000 − $500 = $1500.
5. A piece of equipment worth $1400 depreciates by $50 per year. What is its value after 6 years?
$1100
Total depreciation = $50 × 6 = $300. Remaining value = $1400 − $300 = $1100.
6. A piece of equipment worth $1650 depreciates by $150 per year. What is its value after 3 years?
$1200
Total depreciation = $150 × 3 = $450. Remaining value = $1650 − $450 = $1200.
7. A piece of equipment worth $1600 depreciates by $200 per year. What is its value after 3 years?
$1000
Total depreciation = $200 × 3 = $600. Remaining value = $1600 − $600 = $1000.
8. A piece of equipment worth $1700 depreciates by $100 per year. What is its value after 2 years?
$1500
Total depreciation = $100 × 2 = $200. Remaining value = $1700 − $200 = $1500.
9. A piece of equipment worth $1700 depreciates by $400 per year. What is its value after 2 years?
$900
Total depreciation = $400 × 2 = $800. Remaining value = $1700 − $800 = $900.
10. A piece of equipment worth $3100 depreciates by $400 per year. What is its value after 4 years?
$1500
Total depreciation = $400 × 4 = $1600. Remaining value = $3100 − $1600 = $1500.
11. A piece of equipment worth $2250 depreciates by $150 per year. What is its value after 5 years?
$1500
Total depreciation = $150 × 5 = $750. Remaining value = $2250 − $750 = $1500.
12. A piece of equipment worth $1300 depreciates by $350 per year. What is its value after 2 years?
$600
Total depreciation = $350 × 2 = $700. Remaining value = $1300 − $700 = $600.

12 questions · Seed 104729 · Age guidance, not curriculum certification