An investor wants to do capital budgeting for his new investment project. He has the following information: IRS will allow the investor to depreciate the investment using straight-line over 5 years. The marginal tax rate is 20%. The investor expects that the terminal value for the investment is $30,000 at the end of 6 years.(a 6-year project) What is the after-tax terminal value of this investment if the initial cost is $80,000 ? $16,000 $24,000 $39,600 $38,400 None of the Answers