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Consider the following investment: Initial cost = $147K Annual revenue = $50K ($50,000) Annual expenses = $15K Useful Life = 10 Years Depreciation life =

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Consider the following investment: Initial cost = $147K Annual revenue = $50K ($50,000) Annual expenses = $15K Useful Life = 10 Years Depreciation life = 10 Years Depreciation method: Straight Line Salvage value = $0 MARR = 19% Tax Rate = 40% What is the rate of return (in %) for this project? *x % format; e.g., 5% Does this project earn the MARR after considering income taxes

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