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 $1300 depreciates by $450 per year. What is its value after 2 years?
$1300 · $450 · 2 · Annual asset depreciation
2. A piece of equipment worth $1950 depreciates by $350 per year. What is its value after 5 years?
$1950 · $350 · 5 · Annual asset depreciation
3. A piece of equipment worth $2900 depreciates by $300 per year. What is its value after 6 years?
$2900 · $300 · 6 · Annual asset depreciation
4. A piece of equipment worth $2100 depreciates by $450 per year. What is its value after 2 years?
$2100 · $450 · 2 · Annual asset depreciation
5. A piece of equipment worth $2500 depreciates by $500 per year. What is its value after 3 years?
$2500 · $500 · 3 · Annual asset depreciation
6. A piece of equipment worth $2100 depreciates by $300 per year. What is its value after 4 years?
$2100 · $300 · 4 · Annual asset depreciation
7. A piece of equipment worth $2800 depreciates by $350 per year. What is its value after 4 years?
$2800 · $350 · 4 · Annual asset depreciation
8. A piece of equipment worth $2000 depreciates by $150 per year. What is its value after 4 years?
$2000 · $150 · 4 · Annual asset depreciation
9. A piece of equipment worth $1550 depreciates by $450 per year. What is its value after 3 years?
$1550 · $450 · 3 · Annual asset depreciation
10. A piece of equipment worth $1800 depreciates by $200 per year. What is its value after 2 years?
$1800 · $200 · 2 · Annual asset depreciation
11. A piece of equipment worth $1400 depreciates by $50 per year. What is its value after 6 years?
$1400 · $50 · 6 · Annual asset depreciation
12. A piece of equipment worth $1100 depreciates by $200 per year. What is its value after 3 years?
$1100 · $200 · 3 · Annual asset depreciation

12 questions · Seed 45 · 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 $1300 depreciates by $450 per year. What is its value after 2 years?
$400
Total depreciation = $450 × 2 = $900. Remaining value = $1300 − $900 = $400.
2. A piece of equipment worth $1950 depreciates by $350 per year. What is its value after 5 years?
$200
Total depreciation = $350 × 5 = $1750. Remaining value = $1950 − $1750 = $200.
3. A piece of equipment worth $2900 depreciates by $300 per year. What is its value after 6 years?
$1100
Total depreciation = $300 × 6 = $1800. Remaining value = $2900 − $1800 = $1100.
4. A piece of equipment worth $2100 depreciates by $450 per year. What is its value after 2 years?
$1200
Total depreciation = $450 × 2 = $900. Remaining value = $2100 − $900 = $1200.
5. A piece of equipment worth $2500 depreciates by $500 per year. What is its value after 3 years?
$1000
Total depreciation = $500 × 3 = $1500. Remaining value = $2500 − $1500 = $1000.
6. A piece of equipment worth $2100 depreciates by $300 per year. What is its value after 4 years?
$900
Total depreciation = $300 × 4 = $1200. Remaining value = $2100 − $1200 = $900.
7. A piece of equipment worth $2800 depreciates by $350 per year. What is its value after 4 years?
$1400
Total depreciation = $350 × 4 = $1400. Remaining value = $2800 − $1400 = $1400.
8. A piece of equipment worth $2000 depreciates by $150 per year. What is its value after 4 years?
$1400
Total depreciation = $150 × 4 = $600. Remaining value = $2000 − $600 = $1400.
9. A piece of equipment worth $1550 depreciates by $450 per year. What is its value after 3 years?
$200
Total depreciation = $450 × 3 = $1350. Remaining value = $1550 − $1350 = $200.
10. A piece of equipment worth $1800 depreciates by $200 per year. What is its value after 2 years?
$1400
Total depreciation = $200 × 2 = $400. Remaining value = $1800 − $400 = $1400.
11. 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.
12. A piece of equipment worth $1100 depreciates by $200 per year. What is its value after 3 years?
$500
Total depreciation = $200 × 3 = $600. Remaining value = $1100 − $600 = $500.

12 questions · Seed 45 · 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 $1300 depreciates by $450 per year. What is its value after 2 years?
$1300 · $450 · 2 · Annual asset depreciation
2. A piece of equipment worth $1950 depreciates by $350 per year. What is its value after 5 years?
$1950 · $350 · 5 · Annual asset depreciation
3. A piece of equipment worth $2900 depreciates by $300 per year. What is its value after 6 years?
$2900 · $300 · 6 · Annual asset depreciation
4. A piece of equipment worth $2100 depreciates by $450 per year. What is its value after 2 years?
$2100 · $450 · 2 · Annual asset depreciation
5. A piece of equipment worth $2500 depreciates by $500 per year. What is its value after 3 years?
$2500 · $500 · 3 · Annual asset depreciation
6. A piece of equipment worth $2100 depreciates by $300 per year. What is its value after 4 years?
$2100 · $300 · 4 · Annual asset depreciation
7. A piece of equipment worth $2800 depreciates by $350 per year. What is its value after 4 years?
$2800 · $350 · 4 · Annual asset depreciation
8. A piece of equipment worth $2000 depreciates by $150 per year. What is its value after 4 years?
$2000 · $150 · 4 · Annual asset depreciation
9. A piece of equipment worth $1550 depreciates by $450 per year. What is its value after 3 years?
$1550 · $450 · 3 · Annual asset depreciation
10. A piece of equipment worth $1800 depreciates by $200 per year. What is its value after 2 years?
$1800 · $200 · 2 · Annual asset depreciation
11. A piece of equipment worth $1400 depreciates by $50 per year. What is its value after 6 years?
$1400 · $50 · 6 · Annual asset depreciation
12. A piece of equipment worth $1100 depreciates by $200 per year. What is its value after 3 years?
$1100 · $200 · 3 · Annual asset depreciation

12 questions · Seed 45 · 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 $1300 depreciates by $450 per year. What is its value after 2 years?
$400
Total depreciation = $450 × 2 = $900. Remaining value = $1300 − $900 = $400.
2. A piece of equipment worth $1950 depreciates by $350 per year. What is its value after 5 years?
$200
Total depreciation = $350 × 5 = $1750. Remaining value = $1950 − $1750 = $200.
3. A piece of equipment worth $2900 depreciates by $300 per year. What is its value after 6 years?
$1100
Total depreciation = $300 × 6 = $1800. Remaining value = $2900 − $1800 = $1100.
4. A piece of equipment worth $2100 depreciates by $450 per year. What is its value after 2 years?
$1200
Total depreciation = $450 × 2 = $900. Remaining value = $2100 − $900 = $1200.
5. A piece of equipment worth $2500 depreciates by $500 per year. What is its value after 3 years?
$1000
Total depreciation = $500 × 3 = $1500. Remaining value = $2500 − $1500 = $1000.
6. A piece of equipment worth $2100 depreciates by $300 per year. What is its value after 4 years?
$900
Total depreciation = $300 × 4 = $1200. Remaining value = $2100 − $1200 = $900.
7. A piece of equipment worth $2800 depreciates by $350 per year. What is its value after 4 years?
$1400
Total depreciation = $350 × 4 = $1400. Remaining value = $2800 − $1400 = $1400.
8. A piece of equipment worth $2000 depreciates by $150 per year. What is its value after 4 years?
$1400
Total depreciation = $150 × 4 = $600. Remaining value = $2000 − $600 = $1400.
9. A piece of equipment worth $1550 depreciates by $450 per year. What is its value after 3 years?
$200
Total depreciation = $450 × 3 = $1350. Remaining value = $1550 − $1350 = $200.
10. A piece of equipment worth $1800 depreciates by $200 per year. What is its value after 2 years?
$1400
Total depreciation = $200 × 2 = $400. Remaining value = $1800 − $400 = $1400.
11. 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.
12. A piece of equipment worth $1100 depreciates by $200 per year. What is its value after 3 years?
$500
Total depreciation = $200 × 3 = $600. Remaining value = $1100 − $600 = $500.

12 questions · Seed 45 · Age guidance, not curriculum certification