Declining-Balance Depreciation (HSC SSCE Mathematics Standard): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What stays constant in declining-balance depreciation?
What stays constant in declining-balance depreciation?
The percentage rate
What happens to the dollar depreciation amount over time?
What happens to the dollar depreciation amount over time?
It decreases each period
In , what does represent?
In , what does represent?
Salvage/current value
In the formula, what does represent?
In the formula, what does represent?
Purchase price when bought
What format must be in the formula?
What format must be in the formula?
Decimal form
Convert 25% to decimal for use in the formula.
Convert 25% to decimal for use in the formula.
0.25
A car worth 10,000 USD depreciates 20% in 1 year. What is its value after?
A car worth 10,000 USD depreciates 20% in 1 year. What is its value after?
8,000 USD
What is the declining-balance depreciation formula?
What is the declining-balance depreciation formula?
How does declining-balance relate to compound interest?
How does declining-balance relate to compound interest?
Like compound interest but decreases
What if depreciation rates differ each year?
What if depreciation rates differ each year?
Calculate each period separately