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Suppose that you are able to generate an annual depreciation deduction of $34,000 that would otherwise have been taxed at a 30% rate each year

Suppose that you are able to generate an annual depreciation deduction of $34,000 that would otherwise have been taxed at a 30% rate each year for five years. Determine the present value of the annual tax savings using a 7.5% discount rate.

A) 137560

B) 41268

C) 96292

D) 26683

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