Answer:
$131,833.33
Explanation:
Data provided in the question
Produced income = $2,200 per month
Cost of the maintenance contract = $1,250 per quarter
Taxes = $1,625 annually
Rate of return = 15%
By considering the above information, the amount of pay after considering the rate of return is
= (Produced income × total number of months in a year - cost of the maintenance contract × total number of quarters in a year - taxes paid annually) ÷ (Rate of return)
= ($2,200 × 12 months - $1,625 × 4 quarters - $1,625) ÷ (15%)
= ($26,400 - $5,000 - $1,625) ÷ (15%)
= $19,775 ÷ 15%
= $131,833.33