IB skill practice

Use depreciation models

Calculate depreciated value using a repeated-percentage model.

Paper 1, Paper 2 5 marks Difficulty 3

Use depreciation models - exam scenario

A transport team asset worth $14500 depreciates by 13% per year. Find its value after 3 years. Confirm the context meaning before entering the value. Enter the requested value and choose the interpretation that matches the result.

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