Depreciation WORKSHEET
Derive the formula for the sum of a finite geometric series (when the common ratio is not 1), and use the formula to solve problems; for example, calculate mortgage payments.
Depreciation WORKSHEET DESCRIPTION
Depreciation involves repeated percentage changes and is calculated using a method similar to compound interest. This worksheet guides students through selecting the correct multipliers for various percentage decreases and applying them accurately in depreciation calculations.
Section B features six subtly varied questions, encouraging students to deeply consider how changes in the number of years, amounts, and depreciation rates affect the equations used.
In Section C, learners will identify, explain, and correct a mistake, addressing common misconceptions and reinforcing their understanding.
Finally, Section D solidifies their knowledge with four additional questions, ensuring a comprehensive grasp of the topic.
All worksheets are created by the team of experienced teachers at Cazoom Math.

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Frequently Asked Questions
This worksheet is designed for IM 2 and Algebra II students who are ready to tackle more advanced percentage applications. These grade levels typically have the algebraic skills needed to work with multipliers and understand how compound changes affect values over time.



