1. Number and Algebra
Depreciation And Appreciation — Quiz
Test your understanding of depreciation and appreciation with 5 practice questions.
Practice Questions
Question 1
In finance, what does depreciation mean?
Question 2
An asset appreciates at $r$ per year. Which expression gives its value after $n$ years if the initial value is $V$?
Question 3
A laptop worth $1000$ depreciates by $10\%$ in one year. What is its value after one year?
Question 4
A bike worth $500$ appreciates by $4\%$ each year for $2$ years. What is its value after $2$ years?
Question 5
What is the annual multiplier for a depreciation rate of $15\%$?