Finance Lab Question 3


label Business
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

Nov 24th, 2017

Depreciation = ($902,000 - $158,000)/10 = $93,000

$93,000 x .30 = $27,900 tax savings each period.

Across the entire project, these savings will constitute a 8 period annuity.

Pmt = 27,900, FV = 0, I = 11, N = 8,

PV = 143,576.83

Nov 10th, 2014

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