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(b) Determine the effect of depreciation and taxes. Calculate i* for the PW as follows: CFBT (0) = -150,000 + 5,000(P/F , i* ,1) +

(b) Determine the effect of depreciation and taxes. Calculate i* for the PW as follows: CFBT (0) = -150,000 + 5,000(P/F , i* ,1) + 25,000(P/F , i* ,2) + 45,000(P/F , i* ,3) + 75,000(P/F , i* ,4) Before tax i* = 4.4%

How do I solve for i*?

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