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An investment of $15,000 was made with no salvage value. The expected annual benefit from this investment is $3,500 in year 0 value for 6

An investment of $15,000 was made with no salvage value. The expected annual benefit from this investment is $3,500 in year 0 value for 6 years.Tax rate is 34%.Find the IRR in real dollars (constant dollars) using a table format below.

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[12-13] An investment of $15,000 was made with no salvage value. The expected annual benefit from this investment is $3,500 in year 0 value for 6 years. Tax rate is 34%. Find the IRR in real dollars (constant dollars) using a table format below. Year Actual$ MACRS rate A$ depreciation A$ taxable income A$ tax due A$ ATCF R$ ATCF -15000 1 20.00% 2 32.00% 3 19.20% 4 11.52% 5 11.52% 6 5.76% Assuming no inflation for benefit. 6.85% O 7.57% 10.06% 12.24%

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