A project is going to require an initial investment in new working capital (NWC) of $50,000. The project is expected to last 5 years, and the firm will recognize recovery of the NWC investment at the end of the projects life. What is the present value of the NWC investment if r = 10% compounded annually?

A firm plans to depreciate an investment asset to $0.00 over its 6 year life. However, the firm expects to be able to sell the assets for a salvage value of $85,000 in 6 years. What is the present value of the after-tax salvage value if r = 10% compounded annually and the firm faces a 32% tax rate?

please help with both