Appreciation and Depreciation Worksheet

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Name: ________________________________________________________

Appreciation and Depreciation

Evaluate all answers.

1. The price of a car that was bought for $10,000 and has depreciated 10% yearly. Find
the price of the car 8 years later.

2. A town of 3200, grows at a rate of 25% every year. Find the size of the city in 3 years.

3. A city of 100,000 is having pollution problems and is decreasing in size 2% annually


(every year). Find the population of this city in 10 years using the formula.

4. A computer’s value declines about 7% yearly. Sally bought a computer for $800 in
2005. How much is it worth in 2009.

5. A particular car is said to depreciate 15% each year. If the car new was valued at
$20,000, what will it be worth after 6 years?

6. In 2000, $1000 was invested at a rate of 6% per year for 4 years.


a) How much money was there after 4 years?
7. A new car costs $24 000. It loses 18% of its value each year after it is purchased.
Determine the equation that models the value of the car.

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