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 $1000 depreciates by $350 per year. What is its value after 2 years?
$1000 · $350 · 2 · Annual asset depreciation
2. A piece of equipment worth $1900 depreciates by $100 per year. What is its value after 6 years?
$1900 · $100 · 6 · Annual asset depreciation
3. A piece of equipment worth $2400 depreciates by $500 per year. What is its value after 3 years?
$2400 · $500 · 3 · Annual asset depreciation
4. A piece of equipment worth $1050 depreciates by $250 per year. What is its value after 3 years?
$1050 · $250 · 3 · Annual asset depreciation
5. A piece of equipment worth $2700 depreciates by $400 per year. What is its value after 6 years?
$2700 · $400 · 6 · Annual asset depreciation
6. A piece of equipment worth $1250 depreciates by $150 per year. What is its value after 5 years?
$1250 · $150 · 5 · Annual asset depreciation
7. A piece of equipment worth $1500 depreciates by $200 per year. What is its value after 5 years?
$1500 · $200 · 5 · Annual asset depreciation
8. A piece of equipment worth $400 depreciates by $50 per year. What is its value after 4 years?
$400 · $50 · 4 · Annual asset depreciation
9. A piece of equipment worth $1400 depreciates by $150 per year. What is its value after 6 years?
$1400 · $150 · 6 · Annual asset depreciation
10. A piece of equipment worth $1900 depreciates by $450 per year. What is its value after 2 years?
$1900 · $450 · 2 · Annual asset depreciation
11. A piece of equipment worth $3900 depreciates by $500 per year. What is its value after 6 years?
$3900 · $500 · 6 · Annual asset depreciation
12. A piece of equipment worth $950 depreciates by $150 per year. What is its value after 5 years?
$950 · $150 · 5 · Annual asset depreciation

12 questions · Seed 47 · 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 $1000 depreciates by $350 per year. What is its value after 2 years?
$300
Total depreciation = $350 × 2 = $700. Remaining value = $1000 − $700 = $300.
2. A piece of equipment worth $1900 depreciates by $100 per year. What is its value after 6 years?
$1300
Total depreciation = $100 × 6 = $600. Remaining value = $1900 − $600 = $1300.
3. A piece of equipment worth $2400 depreciates by $500 per year. What is its value after 3 years?
$900
Total depreciation = $500 × 3 = $1500. Remaining value = $2400 − $1500 = $900.
4. A piece of equipment worth $1050 depreciates by $250 per year. What is its value after 3 years?
$300
Total depreciation = $250 × 3 = $750. Remaining value = $1050 − $750 = $300.
5. A piece of equipment worth $2700 depreciates by $400 per year. What is its value after 6 years?
$300
Total depreciation = $400 × 6 = $2400. Remaining value = $2700 − $2400 = $300.
6. A piece of equipment worth $1250 depreciates by $150 per year. What is its value after 5 years?
$500
Total depreciation = $150 × 5 = $750. Remaining value = $1250 − $750 = $500.
7. A piece of equipment worth $1500 depreciates by $200 per year. What is its value after 5 years?
$500
Total depreciation = $200 × 5 = $1000. Remaining value = $1500 − $1000 = $500.
8. A piece of equipment worth $400 depreciates by $50 per year. What is its value after 4 years?
$200
Total depreciation = $50 × 4 = $200. Remaining value = $400 − $200 = $200.
9. A piece of equipment worth $1400 depreciates by $150 per year. What is its value after 6 years?
$500
Total depreciation = $150 × 6 = $900. Remaining value = $1400 − $900 = $500.
10. A piece of equipment worth $1900 depreciates by $450 per year. What is its value after 2 years?
$1000
Total depreciation = $450 × 2 = $900. Remaining value = $1900 − $900 = $1000.
11. A piece of equipment worth $3900 depreciates by $500 per year. What is its value after 6 years?
$900
Total depreciation = $500 × 6 = $3000. Remaining value = $3900 − $3000 = $900.
12. A piece of equipment worth $950 depreciates by $150 per year. What is its value after 5 years?
$200
Total depreciation = $150 × 5 = $750. Remaining value = $950 − $750 = $200.

12 questions · Seed 47 · 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 $1000 depreciates by $350 per year. What is its value after 2 years?
$1000 · $350 · 2 · Annual asset depreciation
2. A piece of equipment worth $1900 depreciates by $100 per year. What is its value after 6 years?
$1900 · $100 · 6 · Annual asset depreciation
3. A piece of equipment worth $2400 depreciates by $500 per year. What is its value after 3 years?
$2400 · $500 · 3 · Annual asset depreciation
4. A piece of equipment worth $1050 depreciates by $250 per year. What is its value after 3 years?
$1050 · $250 · 3 · Annual asset depreciation
5. A piece of equipment worth $2700 depreciates by $400 per year. What is its value after 6 years?
$2700 · $400 · 6 · Annual asset depreciation
6. A piece of equipment worth $1250 depreciates by $150 per year. What is its value after 5 years?
$1250 · $150 · 5 · Annual asset depreciation
7. A piece of equipment worth $1500 depreciates by $200 per year. What is its value after 5 years?
$1500 · $200 · 5 · Annual asset depreciation
8. A piece of equipment worth $400 depreciates by $50 per year. What is its value after 4 years?
$400 · $50 · 4 · Annual asset depreciation
9. A piece of equipment worth $1400 depreciates by $150 per year. What is its value after 6 years?
$1400 · $150 · 6 · Annual asset depreciation
10. A piece of equipment worth $1900 depreciates by $450 per year. What is its value after 2 years?
$1900 · $450 · 2 · Annual asset depreciation
11. A piece of equipment worth $3900 depreciates by $500 per year. What is its value after 6 years?
$3900 · $500 · 6 · Annual asset depreciation
12. A piece of equipment worth $950 depreciates by $150 per year. What is its value after 5 years?
$950 · $150 · 5 · Annual asset depreciation

12 questions · Seed 47 · 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 $1000 depreciates by $350 per year. What is its value after 2 years?
$300
Total depreciation = $350 × 2 = $700. Remaining value = $1000 − $700 = $300.
2. A piece of equipment worth $1900 depreciates by $100 per year. What is its value after 6 years?
$1300
Total depreciation = $100 × 6 = $600. Remaining value = $1900 − $600 = $1300.
3. A piece of equipment worth $2400 depreciates by $500 per year. What is its value after 3 years?
$900
Total depreciation = $500 × 3 = $1500. Remaining value = $2400 − $1500 = $900.
4. A piece of equipment worth $1050 depreciates by $250 per year. What is its value after 3 years?
$300
Total depreciation = $250 × 3 = $750. Remaining value = $1050 − $750 = $300.
5. A piece of equipment worth $2700 depreciates by $400 per year. What is its value after 6 years?
$300
Total depreciation = $400 × 6 = $2400. Remaining value = $2700 − $2400 = $300.
6. A piece of equipment worth $1250 depreciates by $150 per year. What is its value after 5 years?
$500
Total depreciation = $150 × 5 = $750. Remaining value = $1250 − $750 = $500.
7. A piece of equipment worth $1500 depreciates by $200 per year. What is its value after 5 years?
$500
Total depreciation = $200 × 5 = $1000. Remaining value = $1500 − $1000 = $500.
8. A piece of equipment worth $400 depreciates by $50 per year. What is its value after 4 years?
$200
Total depreciation = $50 × 4 = $200. Remaining value = $400 − $200 = $200.
9. A piece of equipment worth $1400 depreciates by $150 per year. What is its value after 6 years?
$500
Total depreciation = $150 × 6 = $900. Remaining value = $1400 − $900 = $500.
10. A piece of equipment worth $1900 depreciates by $450 per year. What is its value after 2 years?
$1000
Total depreciation = $450 × 2 = $900. Remaining value = $1900 − $900 = $1000.
11. A piece of equipment worth $3900 depreciates by $500 per year. What is its value after 6 years?
$900
Total depreciation = $500 × 6 = $3000. Remaining value = $3900 − $3000 = $900.
12. A piece of equipment worth $950 depreciates by $150 per year. What is its value after 5 years?
$200
Total depreciation = $150 × 5 = $750. Remaining value = $950 − $750 = $200.

12 questions · Seed 47 · Age guidance, not curriculum certification