Answer:
$385,628
Depreciation = ($2,000,000 - $250,000)/10 = $175,000
$175,000 x .39 = $68250 tax savings each period.
Across the entire project, these savings will constitute a 10 period annuity.
Pmt = 68,250, FV = 0, I = 12, N = 10, PV = 385,627.72
Step-by-step explanation:
