A real estate photographer would like to invest in a drone camera so that she can take better aerial footage of properties. The drone will cost $1,800 and be used for the next 2 years before she needs to upgrade to a more recent model. She estimates that the drone will generate additional photography revenue of $1,300 per year, and that her drone will have a salvage value of $500 at the end of the 2nd year. Assuming a tax rate of 22%, a MACRS 5-year property class, 100% bonus depreciation, and an after-tax MARR of 9%, compute the after-tax present worth of the drone and determine whether or not the photographer should invest in this drone.
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
A real estate photographer would like to invest in a drone camera so that she can take better aerial footage of properties. The drone will cost $1,800 and be used for the next 2 years before she needs to upgrade to a more recent model. She estimates that the drone will generate additional photography revenue of $1,300 per year, and that her drone will have a salvage value of $500 at the end of the 2nd year. Assuming a tax rate of 22%, a MACRS 5-year property class, 100% bonus depreciation, and an after-tax MARR of 9%, compute the after-tax present worth of the drone and determine whether or not the photographer should invest in this drone.
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