One more word problem :( thanks?
a copier price 1050 when new and will be depreciated at a rate of 120 per year. If the useful life of the copier is 8 years find its redeem value
Thanks I'm really close but I'm messing up somewhere
= 1,050 - 8(120)
= 1,050 - 960
= 90
Fulfil: 90 is the salvage value.
Check—depreciation per year is 120:
= (1,050 cost - 90 redemption)/8 years
= 960 depreciable value/8 years
= 120 depreciation
You lessen the equipment over its useful 
