Time & moneyAges 16-18

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 16-18

Annual asset depreciation

Take your time. Show your thinking.

1. A piece of equipment worth $1050 depreciates by $50 per year. What is its value after 3 years?
$1050 · $50 · 3 · Annual asset depreciation
2. A piece of equipment worth $950 depreciates by $150 per year. What is its value after 3 years?
$950 · $150 · 3 · Annual asset depreciation
3. A piece of equipment worth $2950 depreciates by $350 per year. What is its value after 5 years?
$2950 · $350 · 5 · Annual asset depreciation
4. A piece of equipment worth $1100 depreciates by $150 per year. What is its value after 2 years?
$1100 · $150 · 2 · Annual asset depreciation
5. A piece of equipment worth $1600 depreciates by $150 per year. What is its value after 2 years?
$1600 · $150 · 2 · Annual asset depreciation
6. A piece of equipment worth $1600 depreciates by $100 per year. What is its value after 6 years?
$1600 · $100 · 6 · Annual asset depreciation
7. A piece of equipment worth $800 depreciates by $300 per year. What is its value after 2 years?
$800 · $300 · 2 · Annual asset depreciation
8. A piece of equipment worth $1850 depreciates by $350 per year. What is its value after 3 years?
$1850 · $350 · 3 · Annual asset depreciation
9. A piece of equipment worth $2900 depreciates by $500 per year. What is its value after 5 years?
$2900 · $500 · 5 · Annual asset depreciation
10. A piece of equipment worth $1200 depreciates by $200 per year. What is its value after 5 years?
$1200 · $200 · 5 · Annual asset depreciation
11. A piece of equipment worth $2600 depreciates by $300 per year. What is its value after 5 years?
$2600 · $300 · 5 · Annual asset depreciation
12. A piece of equipment worth $2900 depreciates by $350 per year. What is its value after 4 years?
$2900 · $350 · 4 · Annual asset depreciation

12 questions · Seed 104734 · Age guidance, not curriculum certification

View the answer key

Worksheet StudioAnswer key · Ages 16-18

Annual asset depreciation

Answers and reasoning. Review before teaching.

1. A piece of equipment worth $1050 depreciates by $50 per year. What is its value after 3 years?
$900
Total depreciation = $50 × 3 = $150. Remaining value = $1050 − $150 = $900.
2. A piece of equipment worth $950 depreciates by $150 per year. What is its value after 3 years?
$500
Total depreciation = $150 × 3 = $450. Remaining value = $950 − $450 = $500.
3. A piece of equipment worth $2950 depreciates by $350 per year. What is its value after 5 years?
$1200
Total depreciation = $350 × 5 = $1750. Remaining value = $2950 − $1750 = $1200.
4. A piece of equipment worth $1100 depreciates by $150 per year. What is its value after 2 years?
$800
Total depreciation = $150 × 2 = $300. Remaining value = $1100 − $300 = $800.
5. 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.
6. A piece of equipment worth $1600 depreciates by $100 per year. What is its value after 6 years?
$1000
Total depreciation = $100 × 6 = $600. Remaining value = $1600 − $600 = $1000.
7. A piece of equipment worth $800 depreciates by $300 per year. What is its value after 2 years?
$200
Total depreciation = $300 × 2 = $600. Remaining value = $800 − $600 = $200.
8. A piece of equipment worth $1850 depreciates by $350 per year. What is its value after 3 years?
$800
Total depreciation = $350 × 3 = $1050. Remaining value = $1850 − $1050 = $800.
9. A piece of equipment worth $2900 depreciates by $500 per year. What is its value after 5 years?
$400
Total depreciation = $500 × 5 = $2500. Remaining value = $2900 − $2500 = $400.
10. A piece of equipment worth $1200 depreciates by $200 per year. What is its value after 5 years?
$200
Total depreciation = $200 × 5 = $1000. Remaining value = $1200 − $1000 = $200.
11. A piece of equipment worth $2600 depreciates by $300 per year. What is its value after 5 years?
$1100
Total depreciation = $300 × 5 = $1500. Remaining value = $2600 − $1500 = $1100.
12. A piece of equipment worth $2900 depreciates by $350 per year. What is its value after 4 years?
$1500
Total depreciation = $350 × 4 = $1400. Remaining value = $2900 − $1400 = $1500.

12 questions · Seed 104734 · Age guidance, not curriculum certification

Worksheet StudioPractice pack · Ages 16-18

Annual asset depreciation

Take your time. Show your thinking.

1. A piece of equipment worth $1050 depreciates by $50 per year. What is its value after 3 years?
$1050 · $50 · 3 · Annual asset depreciation
2. A piece of equipment worth $950 depreciates by $150 per year. What is its value after 3 years?
$950 · $150 · 3 · Annual asset depreciation
3. A piece of equipment worth $2950 depreciates by $350 per year. What is its value after 5 years?
$2950 · $350 · 5 · Annual asset depreciation
4. A piece of equipment worth $1100 depreciates by $150 per year. What is its value after 2 years?
$1100 · $150 · 2 · Annual asset depreciation
5. A piece of equipment worth $1600 depreciates by $150 per year. What is its value after 2 years?
$1600 · $150 · 2 · Annual asset depreciation
6. A piece of equipment worth $1600 depreciates by $100 per year. What is its value after 6 years?
$1600 · $100 · 6 · Annual asset depreciation
7. A piece of equipment worth $800 depreciates by $300 per year. What is its value after 2 years?
$800 · $300 · 2 · Annual asset depreciation
8. A piece of equipment worth $1850 depreciates by $350 per year. What is its value after 3 years?
$1850 · $350 · 3 · Annual asset depreciation
9. A piece of equipment worth $2900 depreciates by $500 per year. What is its value after 5 years?
$2900 · $500 · 5 · Annual asset depreciation
10. A piece of equipment worth $1200 depreciates by $200 per year. What is its value after 5 years?
$1200 · $200 · 5 · Annual asset depreciation
11. A piece of equipment worth $2600 depreciates by $300 per year. What is its value after 5 years?
$2600 · $300 · 5 · Annual asset depreciation
12. A piece of equipment worth $2900 depreciates by $350 per year. What is its value after 4 years?
$2900 · $350 · 4 · Annual asset depreciation

12 questions · Seed 104734 · Age guidance, not curriculum certification

Worksheet StudioAnswer key · Ages 16-18

Annual asset depreciation

Answers and reasoning. Review before teaching.

1. A piece of equipment worth $1050 depreciates by $50 per year. What is its value after 3 years?
$900
Total depreciation = $50 × 3 = $150. Remaining value = $1050 − $150 = $900.
2. A piece of equipment worth $950 depreciates by $150 per year. What is its value after 3 years?
$500
Total depreciation = $150 × 3 = $450. Remaining value = $950 − $450 = $500.
3. A piece of equipment worth $2950 depreciates by $350 per year. What is its value after 5 years?
$1200
Total depreciation = $350 × 5 = $1750. Remaining value = $2950 − $1750 = $1200.
4. A piece of equipment worth $1100 depreciates by $150 per year. What is its value after 2 years?
$800
Total depreciation = $150 × 2 = $300. Remaining value = $1100 − $300 = $800.
5. 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.
6. A piece of equipment worth $1600 depreciates by $100 per year. What is its value after 6 years?
$1000
Total depreciation = $100 × 6 = $600. Remaining value = $1600 − $600 = $1000.
7. A piece of equipment worth $800 depreciates by $300 per year. What is its value after 2 years?
$200
Total depreciation = $300 × 2 = $600. Remaining value = $800 − $600 = $200.
8. A piece of equipment worth $1850 depreciates by $350 per year. What is its value after 3 years?
$800
Total depreciation = $350 × 3 = $1050. Remaining value = $1850 − $1050 = $800.
9. A piece of equipment worth $2900 depreciates by $500 per year. What is its value after 5 years?
$400
Total depreciation = $500 × 5 = $2500. Remaining value = $2900 − $2500 = $400.
10. A piece of equipment worth $1200 depreciates by $200 per year. What is its value after 5 years?
$200
Total depreciation = $200 × 5 = $1000. Remaining value = $1200 − $1000 = $200.
11. A piece of equipment worth $2600 depreciates by $300 per year. What is its value after 5 years?
$1100
Total depreciation = $300 × 5 = $1500. Remaining value = $2600 − $1500 = $1100.
12. A piece of equipment worth $2900 depreciates by $350 per year. What is its value after 4 years?
$1500
Total depreciation = $350 × 4 = $1400. Remaining value = $2900 − $1400 = $1500.

12 questions · Seed 104734 · Age guidance, not curriculum certification