Question: We expect a project to pay $30,000 at the end of each year for 10 years. The project requires that we purchase an asset that

We expect a project to pay $30,000 at the end of each year for 10 years. The project requires that we purchase an asset that costs $50,000. For tax purposes, the asset depreciates straight line over the 10 years. The tax rate is 30 percent What is the annual annuity, net of taxes $24,000 $25,000 $21,000 $22,500

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