Interactive practice questions
A 2012 Holden Commodore is priced at $\$33000$$33000 and depreciates by approximately $\$4000$$4000 per year.
Complete the following table:
| Year | Price (dollars) |
|---|---|
| $0$0 | $33000$33000 |
| $1$1 | $\editable{}$ |
| $2$2 | $\editable{}$ |
| $3$3 | $\editable{}$ |
| $4$4 | $\editable{}$ |
| $5$5 | $\editable{}$ |
By this calculation method, will the car ever be worth nothing?
Yes
No
This depreciation method is known as:
Straight Line Depreciation
Constant Change Depreciation
Declining Balance Depreciation
Zero Return Depreciation
The spectator attendance at an annual sporting event was recorded for four consecutive years from its first year of running: $44500$44500, $43800$43800, $43100$43100, $42400$42400
It is estimated that a house purchased for $\$254500$$254500 will depreciate by an average of $\$9400$$9400 each year.
A car is originally worth $\$26300$$26300 and depreciates by $\$2000$$2000 per year. Find the value of the car after 3 years.