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 $2400 depreciates by $300 per year. What is its value after 3 years?
$2400 · $300 · 3 · Annual asset depreciation
2. A piece of equipment worth $1100 depreciates by $300 per year. What is its value after 2 years?
$1100 · $300 · 2 · Annual asset depreciation
3. A piece of equipment worth $1850 depreciates by $150 per year. What is its value after 5 years?
$1850 · $150 · 5 · Annual asset depreciation
4. A piece of equipment worth $1300 depreciates by $150 per year. What is its value after 4 years?
$1300 · $150 · 4 · 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 $650 depreciates by $50 per year. What is its value after 5 years?
$650 · $50 · 5 · Annual asset depreciation
7. A piece of equipment worth $2600 depreciates by $450 per year. What is its value after 4 years?
$2600 · $450 · 4 · Annual asset depreciation
8. A piece of equipment worth $1900 depreciates by $300 per year. What is its value after 5 years?
$1900 · $300 · 5 · Annual asset depreciation
9. A piece of equipment worth $1800 depreciates by $500 per year. What is its value after 2 years?
$1800 · $500 · 2 · Annual asset depreciation
10. A piece of equipment worth $1200 depreciates by $250 per year. What is its value after 4 years?
$1200 · $250 · 4 · Annual asset depreciation
11. A piece of equipment worth $1300 depreciates by $250 per year. What is its value after 2 years?
$1300 · $250 · 2 · Annual asset depreciation
12. A piece of equipment worth $1450 depreciates by $150 per year. What is its value after 5 years?
$1450 · $150 · 5 · Annual asset depreciation

12 questions · Seed 104736 · 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 $2400 depreciates by $300 per year. What is its value after 3 years?
$1500
Total depreciation = $300 × 3 = $900. Remaining value = $2400 − $900 = $1500.
2. A piece of equipment worth $1100 depreciates by $300 per year. What is its value after 2 years?
$500
Total depreciation = $300 × 2 = $600. Remaining value = $1100 − $600 = $500.
3. A piece of equipment worth $1850 depreciates by $150 per year. What is its value after 5 years?
$1100
Total depreciation = $150 × 5 = $750. Remaining value = $1850 − $750 = $1100.
4. A piece of equipment worth $1300 depreciates by $150 per year. What is its value after 4 years?
$700
Total depreciation = $150 × 4 = $600. Remaining value = $1300 − $600 = $700.
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 $650 depreciates by $50 per year. What is its value after 5 years?
$400
Total depreciation = $50 × 5 = $250. Remaining value = $650 − $250 = $400.
7. 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.
8. A piece of equipment worth $1900 depreciates by $300 per year. What is its value after 5 years?
$400
Total depreciation = $300 × 5 = $1500. Remaining value = $1900 − $1500 = $400.
9. A piece of equipment worth $1800 depreciates by $500 per year. What is its value after 2 years?
$800
Total depreciation = $500 × 2 = $1000. Remaining value = $1800 − $1000 = $800.
10. A piece of equipment worth $1200 depreciates by $250 per year. What is its value after 4 years?
$200
Total depreciation = $250 × 4 = $1000. Remaining value = $1200 − $1000 = $200.
11. A piece of equipment worth $1300 depreciates by $250 per year. What is its value after 2 years?
$800
Total depreciation = $250 × 2 = $500. Remaining value = $1300 − $500 = $800.
12. A piece of equipment worth $1450 depreciates by $150 per year. What is its value after 5 years?
$700
Total depreciation = $150 × 5 = $750. Remaining value = $1450 − $750 = $700.

12 questions · Seed 104736 · 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 $2400 depreciates by $300 per year. What is its value after 3 years?
$2400 · $300 · 3 · Annual asset depreciation
2. A piece of equipment worth $1100 depreciates by $300 per year. What is its value after 2 years?
$1100 · $300 · 2 · Annual asset depreciation
3. A piece of equipment worth $1850 depreciates by $150 per year. What is its value after 5 years?
$1850 · $150 · 5 · Annual asset depreciation
4. A piece of equipment worth $1300 depreciates by $150 per year. What is its value after 4 years?
$1300 · $150 · 4 · 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 $650 depreciates by $50 per year. What is its value after 5 years?
$650 · $50 · 5 · Annual asset depreciation
7. A piece of equipment worth $2600 depreciates by $450 per year. What is its value after 4 years?
$2600 · $450 · 4 · Annual asset depreciation
8. A piece of equipment worth $1900 depreciates by $300 per year. What is its value after 5 years?
$1900 · $300 · 5 · Annual asset depreciation
9. A piece of equipment worth $1800 depreciates by $500 per year. What is its value after 2 years?
$1800 · $500 · 2 · Annual asset depreciation
10. A piece of equipment worth $1200 depreciates by $250 per year. What is its value after 4 years?
$1200 · $250 · 4 · Annual asset depreciation
11. A piece of equipment worth $1300 depreciates by $250 per year. What is its value after 2 years?
$1300 · $250 · 2 · Annual asset depreciation
12. A piece of equipment worth $1450 depreciates by $150 per year. What is its value after 5 years?
$1450 · $150 · 5 · Annual asset depreciation

12 questions · Seed 104736 · 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 $2400 depreciates by $300 per year. What is its value after 3 years?
$1500
Total depreciation = $300 × 3 = $900. Remaining value = $2400 − $900 = $1500.
2. A piece of equipment worth $1100 depreciates by $300 per year. What is its value after 2 years?
$500
Total depreciation = $300 × 2 = $600. Remaining value = $1100 − $600 = $500.
3. A piece of equipment worth $1850 depreciates by $150 per year. What is its value after 5 years?
$1100
Total depreciation = $150 × 5 = $750. Remaining value = $1850 − $750 = $1100.
4. A piece of equipment worth $1300 depreciates by $150 per year. What is its value after 4 years?
$700
Total depreciation = $150 × 4 = $600. Remaining value = $1300 − $600 = $700.
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 $650 depreciates by $50 per year. What is its value after 5 years?
$400
Total depreciation = $50 × 5 = $250. Remaining value = $650 − $250 = $400.
7. 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.
8. A piece of equipment worth $1900 depreciates by $300 per year. What is its value after 5 years?
$400
Total depreciation = $300 × 5 = $1500. Remaining value = $1900 − $1500 = $400.
9. A piece of equipment worth $1800 depreciates by $500 per year. What is its value after 2 years?
$800
Total depreciation = $500 × 2 = $1000. Remaining value = $1800 − $1000 = $800.
10. A piece of equipment worth $1200 depreciates by $250 per year. What is its value after 4 years?
$200
Total depreciation = $250 × 4 = $1000. Remaining value = $1200 − $1000 = $200.
11. A piece of equipment worth $1300 depreciates by $250 per year. What is its value after 2 years?
$800
Total depreciation = $250 × 2 = $500. Remaining value = $1300 − $500 = $800.
12. A piece of equipment worth $1450 depreciates by $150 per year. What is its value after 5 years?
$700
Total depreciation = $150 × 5 = $750. Remaining value = $1450 − $750 = $700.

12 questions · Seed 104736 · Age guidance, not curriculum certification