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 $2700 depreciates by $250 per year. What is its value after 6 years?
$2700 · $250 · 6 · Annual asset depreciation
2. A piece of equipment worth $3400 depreciates by $450 per year. What is its value after 6 years?
$3400 · $450 · 6 · Annual asset depreciation
3. A piece of equipment worth $3300 depreciates by $500 per year. What is its value after 6 years?
$3300 · $500 · 6 · Annual asset depreciation
4. A piece of equipment worth $1600 depreciates by $50 per year. What is its value after 6 years?
$1600 · $50 · 6 · Annual asset depreciation
5. A piece of equipment worth $2400 depreciates by $400 per year. What is its value after 5 years?
$2400 · $400 · 5 · Annual asset depreciation
6. A piece of equipment worth $1700 depreciates by $200 per year. What is its value after 6 years?
$1700 · $200 · 6 · Annual asset depreciation
7. A piece of equipment worth $1600 depreciates by $150 per year. What is its value after 6 years?
$1600 · $150 · 6 · Annual asset depreciation
8. A piece of equipment worth $2300 depreciates by $300 per year. What is its value after 6 years?
$2300 · $300 · 6 · Annual asset depreciation
9. A piece of equipment worth $750 depreciates by $150 per year. What is its value after 3 years?
$750 · $150 · 3 · Annual asset depreciation
10. A piece of equipment worth $950 depreciates by $250 per year. What is its value after 3 years?
$950 · $250 · 3 · Annual asset depreciation
11. A piece of equipment worth $1700 depreciates by $450 per year. What is its value after 2 years?
$1700 · $450 · 2 · Annual asset depreciation
12. A piece of equipment worth $3200 depreciates by $350 per year. What is its value after 6 years?
$3200 · $350 · 6 · Annual asset depreciation

12 questions · Seed 104733 · 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 $2700 depreciates by $250 per year. What is its value after 6 years?
$1200
Total depreciation = $250 × 6 = $1500. Remaining value = $2700 − $1500 = $1200.
2. A piece of equipment worth $3400 depreciates by $450 per year. What is its value after 6 years?
$700
Total depreciation = $450 × 6 = $2700. Remaining value = $3400 − $2700 = $700.
3. A piece of equipment worth $3300 depreciates by $500 per year. What is its value after 6 years?
$300
Total depreciation = $500 × 6 = $3000. Remaining value = $3300 − $3000 = $300.
4. A piece of equipment worth $1600 depreciates by $50 per year. What is its value after 6 years?
$1300
Total depreciation = $50 × 6 = $300. Remaining value = $1600 − $300 = $1300.
5. A piece of equipment worth $2400 depreciates by $400 per year. What is its value after 5 years?
$400
Total depreciation = $400 × 5 = $2000. Remaining value = $2400 − $2000 = $400.
6. A piece of equipment worth $1700 depreciates by $200 per year. What is its value after 6 years?
$500
Total depreciation = $200 × 6 = $1200. Remaining value = $1700 − $1200 = $500.
7. A piece of equipment worth $1600 depreciates by $150 per year. What is its value after 6 years?
$700
Total depreciation = $150 × 6 = $900. Remaining value = $1600 − $900 = $700.
8. A piece of equipment worth $2300 depreciates by $300 per year. What is its value after 6 years?
$500
Total depreciation = $300 × 6 = $1800. Remaining value = $2300 − $1800 = $500.
9. A piece of equipment worth $750 depreciates by $150 per year. What is its value after 3 years?
$300
Total depreciation = $150 × 3 = $450. Remaining value = $750 − $450 = $300.
10. A piece of equipment worth $950 depreciates by $250 per year. What is its value after 3 years?
$200
Total depreciation = $250 × 3 = $750. Remaining value = $950 − $750 = $200.
11. A piece of equipment worth $1700 depreciates by $450 per year. What is its value after 2 years?
$800
Total depreciation = $450 × 2 = $900. Remaining value = $1700 − $900 = $800.
12. A piece of equipment worth $3200 depreciates by $350 per year. What is its value after 6 years?
$1100
Total depreciation = $350 × 6 = $2100. Remaining value = $3200 − $2100 = $1100.

12 questions · Seed 104733 · 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 $2700 depreciates by $250 per year. What is its value after 6 years?
$2700 · $250 · 6 · Annual asset depreciation
2. A piece of equipment worth $3400 depreciates by $450 per year. What is its value after 6 years?
$3400 · $450 · 6 · Annual asset depreciation
3. A piece of equipment worth $3300 depreciates by $500 per year. What is its value after 6 years?
$3300 · $500 · 6 · Annual asset depreciation
4. A piece of equipment worth $1600 depreciates by $50 per year. What is its value after 6 years?
$1600 · $50 · 6 · Annual asset depreciation
5. A piece of equipment worth $2400 depreciates by $400 per year. What is its value after 5 years?
$2400 · $400 · 5 · Annual asset depreciation
6. A piece of equipment worth $1700 depreciates by $200 per year. What is its value after 6 years?
$1700 · $200 · 6 · Annual asset depreciation
7. A piece of equipment worth $1600 depreciates by $150 per year. What is its value after 6 years?
$1600 · $150 · 6 · Annual asset depreciation
8. A piece of equipment worth $2300 depreciates by $300 per year. What is its value after 6 years?
$2300 · $300 · 6 · Annual asset depreciation
9. A piece of equipment worth $750 depreciates by $150 per year. What is its value after 3 years?
$750 · $150 · 3 · Annual asset depreciation
10. A piece of equipment worth $950 depreciates by $250 per year. What is its value after 3 years?
$950 · $250 · 3 · Annual asset depreciation
11. A piece of equipment worth $1700 depreciates by $450 per year. What is its value after 2 years?
$1700 · $450 · 2 · Annual asset depreciation
12. A piece of equipment worth $3200 depreciates by $350 per year. What is its value after 6 years?
$3200 · $350 · 6 · Annual asset depreciation

12 questions · Seed 104733 · 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 $2700 depreciates by $250 per year. What is its value after 6 years?
$1200
Total depreciation = $250 × 6 = $1500. Remaining value = $2700 − $1500 = $1200.
2. A piece of equipment worth $3400 depreciates by $450 per year. What is its value after 6 years?
$700
Total depreciation = $450 × 6 = $2700. Remaining value = $3400 − $2700 = $700.
3. A piece of equipment worth $3300 depreciates by $500 per year. What is its value after 6 years?
$300
Total depreciation = $500 × 6 = $3000. Remaining value = $3300 − $3000 = $300.
4. A piece of equipment worth $1600 depreciates by $50 per year. What is its value after 6 years?
$1300
Total depreciation = $50 × 6 = $300. Remaining value = $1600 − $300 = $1300.
5. A piece of equipment worth $2400 depreciates by $400 per year. What is its value after 5 years?
$400
Total depreciation = $400 × 5 = $2000. Remaining value = $2400 − $2000 = $400.
6. A piece of equipment worth $1700 depreciates by $200 per year. What is its value after 6 years?
$500
Total depreciation = $200 × 6 = $1200. Remaining value = $1700 − $1200 = $500.
7. A piece of equipment worth $1600 depreciates by $150 per year. What is its value after 6 years?
$700
Total depreciation = $150 × 6 = $900. Remaining value = $1600 − $900 = $700.
8. A piece of equipment worth $2300 depreciates by $300 per year. What is its value after 6 years?
$500
Total depreciation = $300 × 6 = $1800. Remaining value = $2300 − $1800 = $500.
9. A piece of equipment worth $750 depreciates by $150 per year. What is its value after 3 years?
$300
Total depreciation = $150 × 3 = $450. Remaining value = $750 − $450 = $300.
10. A piece of equipment worth $950 depreciates by $250 per year. What is its value after 3 years?
$200
Total depreciation = $250 × 3 = $750. Remaining value = $950 − $750 = $200.
11. A piece of equipment worth $1700 depreciates by $450 per year. What is its value after 2 years?
$800
Total depreciation = $450 × 2 = $900. Remaining value = $1700 − $900 = $800.
12. A piece of equipment worth $3200 depreciates by $350 per year. What is its value after 6 years?
$1100
Total depreciation = $350 × 6 = $2100. Remaining value = $3200 − $2100 = $1100.

12 questions · Seed 104733 · Age guidance, not curriculum certification