Minimum Attractive Rate of Return (MARR)

after-tax MARR= ( before-tax MARR)(1- Effective income tax rate)

5. Book Return on Software: Maximizing the Return on Your Software Investment Pages 155 problems 2 and 4 (chapter 10).

2. Given a before-tax MARR of 29% and a tax rate of 40%, what is the after-tax MARR?

4. Given an after-tax MARR of 15% and an effective tax rate of 42%, what is the before-tax MARR?