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Lin Vu has $ 1 0 0 , 0 0 0 in an investment paying 9 percent taxable interest per annum. Each year Vu incurs

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Lin Vu has $100,000 in an investment paying 9 percent taxable interest per annum. Each year Vu incurs $825 of expenses relating to
this investment. Compute Vu's annual net cash flow assuming the following:
Required:
a. Vu's marginal tax rate is 10 percent, and the annual expense is not deductible.
b. Vu's marginal tax rate is 35 percent, and the annual expense is deductible.
c. Vu's marginal tax rate is 25 percent, and the annual expense is not deductible.
d. Vu's marginal tax rate is 40 percent, and only $500 of the annual expense is deductible.
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