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 solar installer asset worth $18500 depreciates by 13% per year. Find its value after 6 years. 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.