Check Your Understanding Appreciation & Depreciation

Check Your Understanding Appreciation & Depreciation

9th Grade

26 Qs

quiz-placeholder

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Check Your Understanding Appreciation & Depreciation

Check Your Understanding Appreciation & Depreciation

Assessment

Quiz

Mathematics

9th Grade

Practice Problem

Hard

CCSS
HSF.BF.A.2, 8.F.A.3, HSF.LE.A.2

+5

Standards-aligned

Created by

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

Media Image

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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