IB skill practice

Use depreciation models

Calculate depreciated value using a repeated-percentage model.

Paper 1, Paper 2 5 marks Difficulty 5

Use depreciation models - exam scenario

A sports academy asset worth $18000 depreciates by 12% per year. Find its value after 5 years. Confirm the context meaning before entering the value. Enter the requested value and choose the interpretation that matches the result.

Worked practice: result and interpretation

Calculate the requested result first, then choose the interpretation that follows from it.