1. 3 points) For a 10 year project, depreciation per year is $100,000 for each year. If the tax rate is 40% and revenues always exceed the expenses, what is the expected total tax break in dollars due to depreciation for the entire project? a. 100,000 b. 40,0001,000,000 d. 400,000 e. none of the above 2 4 points One of your classmates borrows a $50,000 (x) at a nominal interest rate of 3.6 % compounding monthly to buy a car. The payments are $1,000 (ymonth for 36 months. What should be the down payment? a, 10% of car value b. 50,000-1000 (P/A, 0.003,361- 15,924 d. 1000 (P/A, 0.003, 36)