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    Nat 5 Numeracy Appreciation and Depreciation

    Uploaded by

    Fajar Kurniahadi
    The document discusses appreciation and depreciation, which refer to increases and decreases in value over time. It provides examples of calculating appreciation and depreciation given percentage changes in value per time period. The document also covers converting percentages to decimals and rounding numbers to significant figures and decimal places.

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    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd

    Nat 5 Numeracy Appreciation and Depreciation

    Uploaded by

    Fajar Kurniahadi
    35 views11 pages
    The document discusses appreciation and depreciation, which refer to increases and decreases in value over time. It provides examples of calculating appreciation and depreciation given percentage changes in value per time period. The document also covers converting percentages to decimals and rounding numbers to significant figures and decimal places.

    Copyright

    © © All Rights Reserved

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    DOC, PDF, TXT or read online from Scribd

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    The document discusses appreciation and depreciation, which refer to increases and decreases in value over time. It provides examples of calculating appreciation and depreciation given percentage changes in value per time period. The document also covers converting percentages to decimals and rounding numbers to significant figures and decimal places.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
    35 views11 pages

    Nat 5 Numeracy Appreciation and Depreciation

    Uploaded by

    Fajar Kurniahadi
    The document discusses appreciation and depreciation, which refer to increases and decreases in value over time. It provides examples of calculating appreciation and depreciation given percentage changes in value per time period. The document also covers converting percentages to decimals and rounding numbers to significant figures and decimal places.

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Download as doc, pdf, or txt
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    National 5 Numeracy Appreciation and Depreciation

    Appreciation & Depreciation

    Today we are learning...

    How to calculate percentage increase and decrease on a calculator.

    I will know if I have been successful if...

    I can convert percentages into decimals.

    I know what to multiply by to increase or decrease by a given


    percentage.

    I can calculation appreciation and depreciation.

    Appreciation & Depreciation

    Appreciation - An increase in the value of something over time.

    Depreciation - A decrease in the value of something over time.


    National 5 Numeracy Appreciation and Depreciation

    Converting Percentages into Decimals

    Percentage Decimal
    65% 0.65
    12% 0.12
    12.5% 0.125
    23.64% 0.2364
    34.5% 0.345
    3.45% 0.0345
    8.998% 0.08998

    Example

    1) I buy a gold chain for £300. The value of the chain increases by
    4% per year. After 6 years, how much will the chain be worth?
    National 5 Numeracy Appreciation and Depreciation

    Example

    2) I buy a vintage car for £950. Its value increases by 8% per year.
    After 6 years how much is it worth?

    Example
    3) There are 900 students in a school at the start of the year. The
    number of students increases by 2.3% per month. How many
    students are in the school after 4 months?
    National 5 Numeracy Appreciation and Depreciation

    Example
    4) I buy a Bitcoin for £8000. The value increases by 13.46% per
    week for three weeks. How much is the Bitcoin now worth?

    Summary

    Create your own question!

    Make sure you know the answer to the question you have created.

    Pass this to your partner to complete.


    National 5 Numeracy Appreciation and Depreciation

    Depreciation
    Today we are learning...

    How to calculate a depreciation in value over time.

    I will know if I have been successful if...

    I can convert percentages into decimals.

    I know what to multiply by to increase or decrease by a given


    percentage.

    I can calculation appreciation and depreciation.

    Appreciation & Depreciation

    Appreciation - An increase in the value of something over time.

    Depreciation - A decrease in the value of something over time.


    National 5 Numeracy Appreciation and Depreciation

    Example

    1) I buy a house for £150 000. It depreciates in value by 5% over 7


    years. How much is the house now worth?

    Example

    2) I buy a new phone for £350. It depreciates in value by 5.9%. How


    much is the phone worth 4 years later?
    National 5 Numeracy Appreciation and Depreciation

    Example

    3) I buy shares in a company and pay £7000. The value of the


    shares depreciates by 7.65% for the next 3 weeks. How much are
    the shares now worth?

    Example

    4) The number of teachers at a school at the start of the year is


    76. The number of teachers depreciates by 3.12% over the next 10
    months. How many teachers are left?!
    National 5 Numeracy Appreciation and Depreciation

    Booklet Page -

    Rounding

    Today we are learning...

    How to round to decimal places and significant figures.

    I will know if I have been successful if...

    I know the difference between rounding to decimal places and


    significant figures.

    I can round quickly and carefully.


    National 5 Numeracy Appreciation and Depreciation

    245.687

    Two Significant Figures (2 SF)

    Two Decimal Places (2 DP)

    1983.5

    One Significant Figures (1 SF)

    One Decimal Places (1 DP)


    National 5 Numeracy Appreciation and Depreciation

    45000.62487

    Three Significant Figures (3 SF)

    Three Decimal Places (3 DP)

    987125.69885456

    Four Significant Figures (4 SF)

    Four Decimal Places(4 DP)


    National 5 Numeracy Appreciation and Depreciation

    Practice

    Practice

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