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 $1600 depreciates by $350 per year. What is its value after 2 years?
$1600 · $350 · 2 · Annual asset depreciation
2. A piece of equipment worth $1400 depreciates by $100 per year. What is its value after 4 years?
$1400 · $100 · 4 · Annual asset depreciation
3. A piece of equipment worth $800 depreciates by $100 per year. What is its value after 2 years?
$800 · $100 · 2 · Annual asset depreciation
4. A piece of equipment worth $2200 depreciates by $350 per year. What is its value after 2 years?
$2200 · $350 · 2 · Annual asset depreciation
5. A piece of equipment worth $2100 depreciates by $250 per year. What is its value after 6 years?
$2100 · $250 · 6 · Annual asset depreciation
6. A piece of equipment worth $600 depreciates by $200 per year. What is its value after 2 years?
$600 · $200 · 2 · Annual asset depreciation
7. A piece of equipment worth $800 depreciates by $150 per year. What is its value after 2 years?
$800 · $150 · 2 · Annual asset depreciation
8. A piece of equipment worth $850 depreciates by $50 per year. What is its value after 5 years?
$850 · $50 · 5 · Annual asset depreciation
9. A piece of equipment worth $3200 depreciates by $400 per year. What is its value after 6 years?
$3200 · $400 · 6 · Annual asset depreciation
10. A piece of equipment worth $2100 depreciates by $150 per year. What is its value after 6 years?
$2100 · $150 · 6 · Annual asset depreciation
11. A piece of equipment worth $1250 depreciates by $150 per year. What is its value after 3 years?
$1250 · $150 · 3 · Annual asset depreciation
12. A piece of equipment worth $1350 depreciates by $50 per year. What is its value after 5 years?
$1350 · $50 · 5 · Annual asset depreciation

12 questions · Seed 43 · 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 $1600 depreciates by $350 per year. What is its value after 2 years?
$900
Total depreciation = $350 × 2 = $700. Remaining value = $1600 − $700 = $900.
2. A piece of equipment worth $1400 depreciates by $100 per year. What is its value after 4 years?
$1000
Total depreciation = $100 × 4 = $400. Remaining value = $1400 − $400 = $1000.
3. A piece of equipment worth $800 depreciates by $100 per year. What is its value after 2 years?
$600
Total depreciation = $100 × 2 = $200. Remaining value = $800 − $200 = $600.
4. A piece of equipment worth $2200 depreciates by $350 per year. What is its value after 2 years?
$1500
Total depreciation = $350 × 2 = $700. Remaining value = $2200 − $700 = $1500.
5. 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.
6. A piece of equipment worth $600 depreciates by $200 per year. What is its value after 2 years?
$200
Total depreciation = $200 × 2 = $400. Remaining value = $600 − $400 = $200.
7. A piece of equipment worth $800 depreciates by $150 per year. What is its value after 2 years?
$500
Total depreciation = $150 × 2 = $300. Remaining value = $800 − $300 = $500.
8. A piece of equipment worth $850 depreciates by $50 per year. What is its value after 5 years?
$600
Total depreciation = $50 × 5 = $250. Remaining value = $850 − $250 = $600.
9. A piece of equipment worth $3200 depreciates by $400 per year. What is its value after 6 years?
$800
Total depreciation = $400 × 6 = $2400. Remaining value = $3200 − $2400 = $800.
10. A piece of equipment worth $2100 depreciates by $150 per year. What is its value after 6 years?
$1200
Total depreciation = $150 × 6 = $900. Remaining value = $2100 − $900 = $1200.
11. A piece of equipment worth $1250 depreciates by $150 per year. What is its value after 3 years?
$800
Total depreciation = $150 × 3 = $450. Remaining value = $1250 − $450 = $800.
12. A piece of equipment worth $1350 depreciates by $50 per year. What is its value after 5 years?
$1100
Total depreciation = $50 × 5 = $250. Remaining value = $1350 − $250 = $1100.

12 questions · Seed 43 · 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 $1600 depreciates by $350 per year. What is its value after 2 years?
$1600 · $350 · 2 · Annual asset depreciation
2. A piece of equipment worth $1400 depreciates by $100 per year. What is its value after 4 years?
$1400 · $100 · 4 · Annual asset depreciation
3. A piece of equipment worth $800 depreciates by $100 per year. What is its value after 2 years?
$800 · $100 · 2 · Annual asset depreciation
4. A piece of equipment worth $2200 depreciates by $350 per year. What is its value after 2 years?
$2200 · $350 · 2 · Annual asset depreciation
5. A piece of equipment worth $2100 depreciates by $250 per year. What is its value after 6 years?
$2100 · $250 · 6 · Annual asset depreciation
6. A piece of equipment worth $600 depreciates by $200 per year. What is its value after 2 years?
$600 · $200 · 2 · Annual asset depreciation
7. A piece of equipment worth $800 depreciates by $150 per year. What is its value after 2 years?
$800 · $150 · 2 · Annual asset depreciation
8. A piece of equipment worth $850 depreciates by $50 per year. What is its value after 5 years?
$850 · $50 · 5 · Annual asset depreciation
9. A piece of equipment worth $3200 depreciates by $400 per year. What is its value after 6 years?
$3200 · $400 · 6 · Annual asset depreciation
10. A piece of equipment worth $2100 depreciates by $150 per year. What is its value after 6 years?
$2100 · $150 · 6 · Annual asset depreciation
11. A piece of equipment worth $1250 depreciates by $150 per year. What is its value after 3 years?
$1250 · $150 · 3 · Annual asset depreciation
12. A piece of equipment worth $1350 depreciates by $50 per year. What is its value after 5 years?
$1350 · $50 · 5 · Annual asset depreciation

12 questions · Seed 43 · 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 $1600 depreciates by $350 per year. What is its value after 2 years?
$900
Total depreciation = $350 × 2 = $700. Remaining value = $1600 − $700 = $900.
2. A piece of equipment worth $1400 depreciates by $100 per year. What is its value after 4 years?
$1000
Total depreciation = $100 × 4 = $400. Remaining value = $1400 − $400 = $1000.
3. A piece of equipment worth $800 depreciates by $100 per year. What is its value after 2 years?
$600
Total depreciation = $100 × 2 = $200. Remaining value = $800 − $200 = $600.
4. A piece of equipment worth $2200 depreciates by $350 per year. What is its value after 2 years?
$1500
Total depreciation = $350 × 2 = $700. Remaining value = $2200 − $700 = $1500.
5. 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.
6. A piece of equipment worth $600 depreciates by $200 per year. What is its value after 2 years?
$200
Total depreciation = $200 × 2 = $400. Remaining value = $600 − $400 = $200.
7. A piece of equipment worth $800 depreciates by $150 per year. What is its value after 2 years?
$500
Total depreciation = $150 × 2 = $300. Remaining value = $800 − $300 = $500.
8. A piece of equipment worth $850 depreciates by $50 per year. What is its value after 5 years?
$600
Total depreciation = $50 × 5 = $250. Remaining value = $850 − $250 = $600.
9. A piece of equipment worth $3200 depreciates by $400 per year. What is its value after 6 years?
$800
Total depreciation = $400 × 6 = $2400. Remaining value = $3200 − $2400 = $800.
10. A piece of equipment worth $2100 depreciates by $150 per year. What is its value after 6 years?
$1200
Total depreciation = $150 × 6 = $900. Remaining value = $2100 − $900 = $1200.
11. A piece of equipment worth $1250 depreciates by $150 per year. What is its value after 3 years?
$800
Total depreciation = $150 × 3 = $450. Remaining value = $1250 − $450 = $800.
12. A piece of equipment worth $1350 depreciates by $50 per year. What is its value after 5 years?
$1100
Total depreciation = $50 × 5 = $250. Remaining value = $1350 − $250 = $1100.

12 questions · Seed 43 · Age guidance, not curriculum certification