Finance: Depreciation (Double Declining)

This Finance: Depreciation (Double Declining) lesson plan also includes:

Of particular interest to a group of business and finance pupils, this activity explores depreciation of automobile values by comparing the double declining balance to the straight line method. Mostly this is done through a slide presentation and the working of sample problems together as a class. Along the way, they use decimals and percents, and also investigate exponential decay and linear relationships. A pretest, guided practice, individual practice, and posttest handout are all provided.

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CCSS: Designed
Pros

  • Real-life scenarios that are of special interest to high schoolers
  • Plenty of examples to work through with the class
  • A variety of resources to support your lesson
Cons

  • May be too advanced for middle schoolers even though middle school standards can be addressed
  • There are many math standards listed in the curriculum map, yet it would be a challenge to hit all of them