Task 3 Calculate the tax saving and the present value of net capital outflow from a mid-term loan agreement (landbank) as applicable for a farming concern. Calculate (a) to (y). (25) Cost Price of truck: Deposit Payable Interest rate R1 250 000 10% 15% Date Deductible financing cost Total deductible amount Marginal rate of taxation Deductible amount with regard to cost price of Truck Total tax savings 28/02/08 40% 28/02/09 (a) (b) 40% (c) 28/02/10 (d) (e) 40% (1) 28/02/11 (9) (h) 0 40% 0) 28/02/12 (k) 40% (1) Gross Capital Outflow Tax Saving Date Net Capital Outflow Discounting Factor %D Present Value Of Net Capital Outflow (n) 28/02/08 (m) 28/02/09 (0) (p) (9) 0,8929 (1) 28/02/10 (s) (t) 0,7972 (u) 28/02/11 (w) 0,7118 28/02/12 (*) (y) 0,6355 TOTAN