19. A company is evaluating a new 4 -year project. The equipment necessary for the project will cost $3,800,000 and can be sold for $745,000 at the end of the project. The asset is in the 5-year MACRS class. The depreciation percentage each year is 20.00 percent, 32.00 percent, 19.20 percent, 11.52 percent, and 11.52 percent, respectively. The company's tax rate is 34 percent. What is the net salvage value of the equipment? (a) $566,119 (b) $714,958 (c) $745,000 (d) $775,042 (e) $491,700 20. You currently have $5,500. First United Bank will pay you an annual interest rate of 9 , while Second National Bank will pay you an annual interest rate of 10.1 . How many fewer years must you wait for your account value to grow to $14,800 at Second National Bank? (a) 1.20 years (b) 1.35 years (c) 1.09 years (d) 1.11 years (e) 1.44 years