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 $600 depreciates by $100 per year. What is its value after 2 years?
$600 · $100 · 2 · Annual asset depreciation
2. A piece of equipment worth $800 depreciates by $100 per year. What is its value after 6 years?
$800 · $100 · 6 · Annual asset depreciation
3. A piece of equipment worth $2750 depreciates by $450 per year. What is its value after 5 years?
$2750 · $450 · 5 · Annual asset depreciation
4. A piece of equipment worth $2600 depreciates by $450 per year. What is its value after 4 years?
$2600 · $450 · 4 · Annual asset depreciation
5. A piece of equipment worth $3000 depreciates by $500 per year. What is its value after 4 years?
$3000 · $500 · 4 · Annual asset depreciation
6. A piece of equipment worth $1600 depreciates by $150 per year. What is its value after 2 years?
$1600 · $150 · 2 · Annual asset depreciation
7. A piece of equipment worth $3300 depreciates by $500 per year. What is its value after 4 years?
$3300 · $500 · 4 · Annual asset depreciation
8. A piece of equipment worth $2400 depreciates by $300 per year. What is its value after 6 years?
$2400 · $300 · 6 · Annual asset depreciation
9. A piece of equipment worth $1000 depreciates by $200 per year. What is its value after 3 years?
$1000 · $200 · 3 · Annual asset depreciation
10. A piece of equipment worth $3050 depreciates by $350 per year. What is its value after 5 years?
$3050 · $350 · 5 · Annual asset depreciation
11. A piece of equipment worth $900 depreciates by $100 per year. What is its value after 2 years?
$900 · $100 · 2 · Annual asset depreciation
12. A piece of equipment worth $750 depreciates by $50 per year. What is its value after 3 years?
$750 · $50 · 3 · Annual asset depreciation

12 questions · Seed 50 · 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 $600 depreciates by $100 per year. What is its value after 2 years?
$400
Total depreciation = $100 × 2 = $200. Remaining value = $600 − $200 = $400.
2. A piece of equipment worth $800 depreciates by $100 per year. What is its value after 6 years?
$200
Total depreciation = $100 × 6 = $600. Remaining value = $800 − $600 = $200.
3. A piece of equipment worth $2750 depreciates by $450 per year. What is its value after 5 years?
$500
Total depreciation = $450 × 5 = $2250. Remaining value = $2750 − $2250 = $500.
4. A piece of equipment worth $2600 depreciates by $450 per year. What is its value after 4 years?
$800
Total depreciation = $450 × 4 = $1800. Remaining value = $2600 − $1800 = $800.
5. A piece of equipment worth $3000 depreciates by $500 per year. What is its value after 4 years?
$1000
Total depreciation = $500 × 4 = $2000. Remaining value = $3000 − $2000 = $1000.
6. A piece of equipment worth $1600 depreciates by $150 per year. What is its value after 2 years?
$1300
Total depreciation = $150 × 2 = $300. Remaining value = $1600 − $300 = $1300.
7. A piece of equipment worth $3300 depreciates by $500 per year. What is its value after 4 years?
$1300
Total depreciation = $500 × 4 = $2000. Remaining value = $3300 − $2000 = $1300.
8. A piece of equipment worth $2400 depreciates by $300 per year. What is its value after 6 years?
$600
Total depreciation = $300 × 6 = $1800. Remaining value = $2400 − $1800 = $600.
9. A piece of equipment worth $1000 depreciates by $200 per year. What is its value after 3 years?
$400
Total depreciation = $200 × 3 = $600. Remaining value = $1000 − $600 = $400.
10. A piece of equipment worth $3050 depreciates by $350 per year. What is its value after 5 years?
$1300
Total depreciation = $350 × 5 = $1750. Remaining value = $3050 − $1750 = $1300.
11. A piece of equipment worth $900 depreciates by $100 per year. What is its value after 2 years?
$700
Total depreciation = $100 × 2 = $200. Remaining value = $900 − $200 = $700.
12. A piece of equipment worth $750 depreciates by $50 per year. What is its value after 3 years?
$600
Total depreciation = $50 × 3 = $150. Remaining value = $750 − $150 = $600.

12 questions · Seed 50 · 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 $600 depreciates by $100 per year. What is its value after 2 years?
$600 · $100 · 2 · Annual asset depreciation
2. A piece of equipment worth $800 depreciates by $100 per year. What is its value after 6 years?
$800 · $100 · 6 · Annual asset depreciation
3. A piece of equipment worth $2750 depreciates by $450 per year. What is its value after 5 years?
$2750 · $450 · 5 · Annual asset depreciation
4. A piece of equipment worth $2600 depreciates by $450 per year. What is its value after 4 years?
$2600 · $450 · 4 · Annual asset depreciation
5. A piece of equipment worth $3000 depreciates by $500 per year. What is its value after 4 years?
$3000 · $500 · 4 · Annual asset depreciation
6. A piece of equipment worth $1600 depreciates by $150 per year. What is its value after 2 years?
$1600 · $150 · 2 · Annual asset depreciation
7. A piece of equipment worth $3300 depreciates by $500 per year. What is its value after 4 years?
$3300 · $500 · 4 · Annual asset depreciation
8. A piece of equipment worth $2400 depreciates by $300 per year. What is its value after 6 years?
$2400 · $300 · 6 · Annual asset depreciation
9. A piece of equipment worth $1000 depreciates by $200 per year. What is its value after 3 years?
$1000 · $200 · 3 · Annual asset depreciation
10. A piece of equipment worth $3050 depreciates by $350 per year. What is its value after 5 years?
$3050 · $350 · 5 · Annual asset depreciation
11. A piece of equipment worth $900 depreciates by $100 per year. What is its value after 2 years?
$900 · $100 · 2 · Annual asset depreciation
12. A piece of equipment worth $750 depreciates by $50 per year. What is its value after 3 years?
$750 · $50 · 3 · Annual asset depreciation

12 questions · Seed 50 · 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 $600 depreciates by $100 per year. What is its value after 2 years?
$400
Total depreciation = $100 × 2 = $200. Remaining value = $600 − $200 = $400.
2. A piece of equipment worth $800 depreciates by $100 per year. What is its value after 6 years?
$200
Total depreciation = $100 × 6 = $600. Remaining value = $800 − $600 = $200.
3. A piece of equipment worth $2750 depreciates by $450 per year. What is its value after 5 years?
$500
Total depreciation = $450 × 5 = $2250. Remaining value = $2750 − $2250 = $500.
4. A piece of equipment worth $2600 depreciates by $450 per year. What is its value after 4 years?
$800
Total depreciation = $450 × 4 = $1800. Remaining value = $2600 − $1800 = $800.
5. A piece of equipment worth $3000 depreciates by $500 per year. What is its value after 4 years?
$1000
Total depreciation = $500 × 4 = $2000. Remaining value = $3000 − $2000 = $1000.
6. A piece of equipment worth $1600 depreciates by $150 per year. What is its value after 2 years?
$1300
Total depreciation = $150 × 2 = $300. Remaining value = $1600 − $300 = $1300.
7. A piece of equipment worth $3300 depreciates by $500 per year. What is its value after 4 years?
$1300
Total depreciation = $500 × 4 = $2000. Remaining value = $3300 − $2000 = $1300.
8. A piece of equipment worth $2400 depreciates by $300 per year. What is its value after 6 years?
$600
Total depreciation = $300 × 6 = $1800. Remaining value = $2400 − $1800 = $600.
9. A piece of equipment worth $1000 depreciates by $200 per year. What is its value after 3 years?
$400
Total depreciation = $200 × 3 = $600. Remaining value = $1000 − $600 = $400.
10. A piece of equipment worth $3050 depreciates by $350 per year. What is its value after 5 years?
$1300
Total depreciation = $350 × 5 = $1750. Remaining value = $3050 − $1750 = $1300.
11. A piece of equipment worth $900 depreciates by $100 per year. What is its value after 2 years?
$700
Total depreciation = $100 × 2 = $200. Remaining value = $900 − $200 = $700.
12. A piece of equipment worth $750 depreciates by $50 per year. What is its value after 3 years?
$600
Total depreciation = $50 × 3 = $150. Remaining value = $750 − $150 = $600.

12 questions · Seed 50 · Age guidance, not curriculum certification