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 $700 depreciates by $50 per year. What is its value after 2 years?
$700 · $50 · 2 · Annual asset depreciation
2. A piece of equipment worth $1300 depreciates by $450 per year. What is its value after 2 years?
$1300 · $450 · 2 · Annual asset depreciation
3. A piece of equipment worth $2100 depreciates by $350 per year. What is its value after 4 years?
$2100 · $350 · 4 · Annual asset depreciation
4. A piece of equipment worth $1100 depreciates by $450 per year. What is its value after 2 years?
$1100 · $450 · 2 · Annual asset depreciation
5. A piece of equipment worth $1700 depreciates by $150 per year. What is its value after 2 years?
$1700 · $150 · 2 · Annual asset depreciation
6. A piece of equipment worth $3800 depreciates by $450 per year. What is its value after 6 years?
$3800 · $450 · 6 · Annual asset depreciation
7. A piece of equipment worth $2150 depreciates by $150 per year. What is its value after 5 years?
$2150 · $150 · 5 · Annual asset depreciation
8. A piece of equipment worth $1800 depreciates by $500 per year. What is its value after 2 years?
$1800 · $500 · 2 · Annual asset depreciation
9. A piece of equipment worth $4100 depreciates by $450 per year. What is its value after 6 years?
$4100 · $450 · 6 · Annual asset depreciation
10. A piece of equipment worth $1500 depreciates by $150 per year. What is its value after 2 years?
$1500 · $150 · 2 · Annual asset depreciation
11. A piece of equipment worth $500 depreciates by $100 per year. What is its value after 2 years?
$500 · $100 · 2 · Annual asset depreciation
12. A piece of equipment worth $1400 depreciates by $100 per year. What is its value after 5 years?
$1400 · $100 · 5 · Annual asset depreciation

12 questions · Seed 104737 · 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 $700 depreciates by $50 per year. What is its value after 2 years?
$600
Total depreciation = $50 × 2 = $100. Remaining value = $700 − $100 = $600.
2. 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.
3. A piece of equipment worth $2100 depreciates by $350 per year. What is its value after 4 years?
$700
Total depreciation = $350 × 4 = $1400. Remaining value = $2100 − $1400 = $700.
4. A piece of equipment worth $1100 depreciates by $450 per year. What is its value after 2 years?
$200
Total depreciation = $450 × 2 = $900. Remaining value = $1100 − $900 = $200.
5. A piece of equipment worth $1700 depreciates by $150 per year. What is its value after 2 years?
$1400
Total depreciation = $150 × 2 = $300. Remaining value = $1700 − $300 = $1400.
6. A piece of equipment worth $3800 depreciates by $450 per year. What is its value after 6 years?
$1100
Total depreciation = $450 × 6 = $2700. Remaining value = $3800 − $2700 = $1100.
7. A piece of equipment worth $2150 depreciates by $150 per year. What is its value after 5 years?
$1400
Total depreciation = $150 × 5 = $750. Remaining value = $2150 − $750 = $1400.
8. 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.
9. A piece of equipment worth $4100 depreciates by $450 per year. What is its value after 6 years?
$1400
Total depreciation = $450 × 6 = $2700. Remaining value = $4100 − $2700 = $1400.
10. A piece of equipment worth $1500 depreciates by $150 per year. What is its value after 2 years?
$1200
Total depreciation = $150 × 2 = $300. Remaining value = $1500 − $300 = $1200.
11. A piece of equipment worth $500 depreciates by $100 per year. What is its value after 2 years?
$300
Total depreciation = $100 × 2 = $200. Remaining value = $500 − $200 = $300.
12. A piece of equipment worth $1400 depreciates by $100 per year. What is its value after 5 years?
$900
Total depreciation = $100 × 5 = $500. Remaining value = $1400 − $500 = $900.

12 questions · Seed 104737 · 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 $700 depreciates by $50 per year. What is its value after 2 years?
$700 · $50 · 2 · Annual asset depreciation
2. A piece of equipment worth $1300 depreciates by $450 per year. What is its value after 2 years?
$1300 · $450 · 2 · Annual asset depreciation
3. A piece of equipment worth $2100 depreciates by $350 per year. What is its value after 4 years?
$2100 · $350 · 4 · Annual asset depreciation
4. A piece of equipment worth $1100 depreciates by $450 per year. What is its value after 2 years?
$1100 · $450 · 2 · Annual asset depreciation
5. A piece of equipment worth $1700 depreciates by $150 per year. What is its value after 2 years?
$1700 · $150 · 2 · Annual asset depreciation
6. A piece of equipment worth $3800 depreciates by $450 per year. What is its value after 6 years?
$3800 · $450 · 6 · Annual asset depreciation
7. A piece of equipment worth $2150 depreciates by $150 per year. What is its value after 5 years?
$2150 · $150 · 5 · Annual asset depreciation
8. A piece of equipment worth $1800 depreciates by $500 per year. What is its value after 2 years?
$1800 · $500 · 2 · Annual asset depreciation
9. A piece of equipment worth $4100 depreciates by $450 per year. What is its value after 6 years?
$4100 · $450 · 6 · Annual asset depreciation
10. A piece of equipment worth $1500 depreciates by $150 per year. What is its value after 2 years?
$1500 · $150 · 2 · Annual asset depreciation
11. A piece of equipment worth $500 depreciates by $100 per year. What is its value after 2 years?
$500 · $100 · 2 · Annual asset depreciation
12. A piece of equipment worth $1400 depreciates by $100 per year. What is its value after 5 years?
$1400 · $100 · 5 · Annual asset depreciation

12 questions · Seed 104737 · 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 $700 depreciates by $50 per year. What is its value after 2 years?
$600
Total depreciation = $50 × 2 = $100. Remaining value = $700 − $100 = $600.
2. 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.
3. A piece of equipment worth $2100 depreciates by $350 per year. What is its value after 4 years?
$700
Total depreciation = $350 × 4 = $1400. Remaining value = $2100 − $1400 = $700.
4. A piece of equipment worth $1100 depreciates by $450 per year. What is its value after 2 years?
$200
Total depreciation = $450 × 2 = $900. Remaining value = $1100 − $900 = $200.
5. A piece of equipment worth $1700 depreciates by $150 per year. What is its value after 2 years?
$1400
Total depreciation = $150 × 2 = $300. Remaining value = $1700 − $300 = $1400.
6. A piece of equipment worth $3800 depreciates by $450 per year. What is its value after 6 years?
$1100
Total depreciation = $450 × 6 = $2700. Remaining value = $3800 − $2700 = $1100.
7. A piece of equipment worth $2150 depreciates by $150 per year. What is its value after 5 years?
$1400
Total depreciation = $150 × 5 = $750. Remaining value = $2150 − $750 = $1400.
8. 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.
9. A piece of equipment worth $4100 depreciates by $450 per year. What is its value after 6 years?
$1400
Total depreciation = $450 × 6 = $2700. Remaining value = $4100 − $2700 = $1400.
10. A piece of equipment worth $1500 depreciates by $150 per year. What is its value after 2 years?
$1200
Total depreciation = $150 × 2 = $300. Remaining value = $1500 − $300 = $1200.
11. A piece of equipment worth $500 depreciates by $100 per year. What is its value after 2 years?
$300
Total depreciation = $100 × 2 = $200. Remaining value = $500 − $200 = $300.
12. A piece of equipment worth $1400 depreciates by $100 per year. What is its value after 5 years?
$900
Total depreciation = $100 × 5 = $500. Remaining value = $1400 − $500 = $900.

12 questions · Seed 104737 · Age guidance, not curriculum certification