The gdp in alpha is currently $5 trillion and growing at an annual rate of 7%. the gdp in beta is currently $10 trillion and growing at an annual rate of 3.5%. in approximately how many years will the gdp in alpha catch-up to that of beta?

Russell's is considering purchasing $697,400 of equipment for a four-year project. the equipment falls in the five-year macrs class with annual percentages of .2, .32, .192, .1152, .1152, and .0576 for years 1 to 6, respectively. at the end of the project the equipment can be sold for an estimated $135,000. the required return is 13.2 percent and the tax rate is 23 percent. what is the amount of the aftertax salvage value of the equipment assuming no bonus depreciation is taken