O (Investment) 1 2 3 BTCF (1,000,000) 1,000,000 750,000 1,000,000 800,000 In addition, the salvage value of the project at the end of its life is 10% of the investment. The MARR (before tax) is 12% and the tax rate is 30%. Assume straight-line depreciation method. 45. What is the after-tax MARR for this investment? A. 7.00% B. 8.40% C. 6.00% D. 6.50% 46. What is the after-tax Present Worth of this project? A. P1,426,316.70 B. 1,249,138.11 C. P1,353,229.25 D. $1,243,074.68 47. What is the difference between the after-tax Present Worth and the before-tax present worth? A. $670,660.72 B. #487,410.70 C. $664,597.29 D. #442,623.23