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AFTER-TAX ANALYSIS Determining Present Worth of Marginal Costs Total amount of this after-tax marginal cost: Simplifying TC = (PW-PW k-1 ) ( F /
AFTER-TAX ANALYSIS Determining Present Worth of Marginal Costs Total amount of this after-tax marginal cost: Simplifying TC = (PW-PW k-1 ) ( F / P, i%, k) TC (i%) = (1 - t)(MVk-1 - MVk + iMV k-1 + Ek) + i (t)(BV k-1) The economic life of the asset on an after-tax basis is N*, AT
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