Problem 10.48 Calculating Required Savings (LO5, 8) function for five yeors, ot which time it will have no value. There ore no working cepital consequences from the imvestment, and the tar rote is 35$ a. What must the pre-tax cont sovingn be for us to fovour the investment? We require on 10\% return. (Hint. This one is o variation on the problem of setting a bid price) (Do not round your intermediate calculations. Round the final answer to 2 decimal places, Omits sign in your response.) Cost tovinge 5 b. Suppose the device will be worth $92.000 in solvage (before toxes). How coes this change your answer? (Do not round your intermediate calculations. Round the final answer to 2 decimal places. Omin s sign in your response.) Cost sowing: 5