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 $2450 depreciates by $450 per year. What is its value after 3 years?
$2450 · $450 · 3 · Annual asset depreciation
2. A piece of equipment worth $900 depreciates by $300 per year. What is its value after 2 years?
$900 · $300 · 2 · 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 $2400 depreciates by $350 per year. What is its value after 6 years?
$2400 · $350 · 6 · Annual asset depreciation
5. A piece of equipment worth $3800 depreciates by $450 per year. What is its value after 6 years?
$3800 · $450 · 6 · Annual asset depreciation
6. A piece of equipment worth $2000 depreciates by $100 per year. What is its value after 5 years?
$2000 · $100 · 5 · Annual asset depreciation
7. A piece of equipment worth $1200 depreciates by $150 per year. What is its value after 4 years?
$1200 · $150 · 4 · Annual asset depreciation
8. A piece of equipment worth $2800 depreciates by $300 per year. What is its value after 5 years?
$2800 · $300 · 5 · Annual asset depreciation
9. A piece of equipment worth $1600 depreciates by $300 per year. What is its value after 2 years?
$1600 · $300 · 2 · Annual asset depreciation
10. A piece of equipment worth $1400 depreciates by $300 per year. What is its value after 4 years?
$1400 · $300 · 4 · Annual asset depreciation
11. A piece of equipment worth $2100 depreciates by $150 per year. What is its value after 4 years?
$2100 · $150 · 4 · Annual asset depreciation
12. A piece of equipment worth $2300 depreciates by $400 per year. What is its value after 2 years?
$2300 · $400 · 2 · Annual asset depreciation

12 questions · Seed 51 · 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 $2450 depreciates by $450 per year. What is its value after 3 years?
$1100
Total depreciation = $450 × 3 = $1350. Remaining value = $2450 − $1350 = $1100.
2. A piece of equipment worth $900 depreciates by $300 per year. What is its value after 2 years?
$300
Total depreciation = $300 × 2 = $600. Remaining value = $900 − $600 = $300.
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 $2400 depreciates by $350 per year. What is its value after 6 years?
$300
Total depreciation = $350 × 6 = $2100. Remaining value = $2400 − $2100 = $300.
5. 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.
6. A piece of equipment worth $2000 depreciates by $100 per year. What is its value after 5 years?
$1500
Total depreciation = $100 × 5 = $500. Remaining value = $2000 − $500 = $1500.
7. A piece of equipment worth $1200 depreciates by $150 per year. What is its value after 4 years?
$600
Total depreciation = $150 × 4 = $600. Remaining value = $1200 − $600 = $600.
8. A piece of equipment worth $2800 depreciates by $300 per year. What is its value after 5 years?
$1300
Total depreciation = $300 × 5 = $1500. Remaining value = $2800 − $1500 = $1300.
9. A piece of equipment worth $1600 depreciates by $300 per year. What is its value after 2 years?
$1000
Total depreciation = $300 × 2 = $600. Remaining value = $1600 − $600 = $1000.
10. A piece of equipment worth $1400 depreciates by $300 per year. What is its value after 4 years?
$200
Total depreciation = $300 × 4 = $1200. Remaining value = $1400 − $1200 = $200.
11. A piece of equipment worth $2100 depreciates by $150 per year. What is its value after 4 years?
$1500
Total depreciation = $150 × 4 = $600. Remaining value = $2100 − $600 = $1500.
12. A piece of equipment worth $2300 depreciates by $400 per year. What is its value after 2 years?
$1500
Total depreciation = $400 × 2 = $800. Remaining value = $2300 − $800 = $1500.

12 questions · Seed 51 · 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 $2450 depreciates by $450 per year. What is its value after 3 years?
$2450 · $450 · 3 · Annual asset depreciation
2. A piece of equipment worth $900 depreciates by $300 per year. What is its value after 2 years?
$900 · $300 · 2 · 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 $2400 depreciates by $350 per year. What is its value after 6 years?
$2400 · $350 · 6 · Annual asset depreciation
5. A piece of equipment worth $3800 depreciates by $450 per year. What is its value after 6 years?
$3800 · $450 · 6 · Annual asset depreciation
6. A piece of equipment worth $2000 depreciates by $100 per year. What is its value after 5 years?
$2000 · $100 · 5 · Annual asset depreciation
7. A piece of equipment worth $1200 depreciates by $150 per year. What is its value after 4 years?
$1200 · $150 · 4 · Annual asset depreciation
8. A piece of equipment worth $2800 depreciates by $300 per year. What is its value after 5 years?
$2800 · $300 · 5 · Annual asset depreciation
9. A piece of equipment worth $1600 depreciates by $300 per year. What is its value after 2 years?
$1600 · $300 · 2 · Annual asset depreciation
10. A piece of equipment worth $1400 depreciates by $300 per year. What is its value after 4 years?
$1400 · $300 · 4 · Annual asset depreciation
11. A piece of equipment worth $2100 depreciates by $150 per year. What is its value after 4 years?
$2100 · $150 · 4 · Annual asset depreciation
12. A piece of equipment worth $2300 depreciates by $400 per year. What is its value after 2 years?
$2300 · $400 · 2 · Annual asset depreciation

12 questions · Seed 51 · 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 $2450 depreciates by $450 per year. What is its value after 3 years?
$1100
Total depreciation = $450 × 3 = $1350. Remaining value = $2450 − $1350 = $1100.
2. A piece of equipment worth $900 depreciates by $300 per year. What is its value after 2 years?
$300
Total depreciation = $300 × 2 = $600. Remaining value = $900 − $600 = $300.
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 $2400 depreciates by $350 per year. What is its value after 6 years?
$300
Total depreciation = $350 × 6 = $2100. Remaining value = $2400 − $2100 = $300.
5. 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.
6. A piece of equipment worth $2000 depreciates by $100 per year. What is its value after 5 years?
$1500
Total depreciation = $100 × 5 = $500. Remaining value = $2000 − $500 = $1500.
7. A piece of equipment worth $1200 depreciates by $150 per year. What is its value after 4 years?
$600
Total depreciation = $150 × 4 = $600. Remaining value = $1200 − $600 = $600.
8. A piece of equipment worth $2800 depreciates by $300 per year. What is its value after 5 years?
$1300
Total depreciation = $300 × 5 = $1500. Remaining value = $2800 − $1500 = $1300.
9. A piece of equipment worth $1600 depreciates by $300 per year. What is its value after 2 years?
$1000
Total depreciation = $300 × 2 = $600. Remaining value = $1600 − $600 = $1000.
10. A piece of equipment worth $1400 depreciates by $300 per year. What is its value after 4 years?
$200
Total depreciation = $300 × 4 = $1200. Remaining value = $1400 − $1200 = $200.
11. A piece of equipment worth $2100 depreciates by $150 per year. What is its value after 4 years?
$1500
Total depreciation = $150 × 4 = $600. Remaining value = $2100 − $600 = $1500.
12. A piece of equipment worth $2300 depreciates by $400 per year. What is its value after 2 years?
$1500
Total depreciation = $400 × 2 = $800. Remaining value = $2300 − $800 = $1500.

12 questions · Seed 51 · Age guidance, not curriculum certification