Check Your Understanding Appreciation & Depreciation
Quiz
•
Mathematics
•
9th Grade
•
Practice Problem
•
Hard
+5
Standards-aligned
DAUNE CLARKE
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26 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Is the value of a house increasing over time an example of appreciation or depreciation?
Appreciation
Depreciation
Neither
Tags
CCSS.HSF-IF.C.8B
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Is the annual decrease in the value of a car an example of appreciation or depreciation?
Appreciation
Depreciation
Neither
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
True or False. Over time the value of a house can both appreciate and depreciate.
True
False
Answer explanation
House prices tend to increase and decrease based on the market.
4.
MULTIPLE SELECT QUESTION
3 mins • 1 pt
Study each of the following graphs. Which graphs model appreciation?
Graph A
Graph B
Graph C
None of these
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
A collectible comic book that is currently worth $45 is expected to double in value every year
over the next decade. Will the comic book appreciate or depreciate over the next decade?
Appreciate
Depreciate
Neither
Answer explanation
Expected to double, means the amount increases by multiplying it by 2.
6.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Use your spreadsheet to help you determine the value of the comic book 8 years from now?
720
$11 520
Tags
CCSS.HSF.BF.A.2
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In how many years will the comic book be worth $720?
2 years
4 years
6 years
10 years
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