Episode 10 — Finance Growth and Decay

Simple Depreciation Question 1

Learners will be able to:

• Calculate the annual depreciation of a truck using the straight-line method. • Determine the total depreciation over 7 years by multiplying the annual depreciation by 7. • Subtract the total depreciation from the original value of the truck to find its value after 7 years. • Use basic arithmetic operations (division, multiplication, subtraction) to solve problems involving simple depreciation. • Calculate the value of a truck after 7 years using the straight-line method and given values.