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With a taxable income of $332,000: What is the effective tax rate? What is the marginal tax rate? A new absorption chiller system costs $150,000

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With a taxable income of $332,000: What is the effective tax rate? What is the marginal tax rate? A new absorption chiller system costs $150,000 and will save $52,000 in each of the next? years. The asset is classified as a 7-year MACRS property for depreciation purpose. The expected salvage value is $20,000 (at year 7). The firm pays taxes at a combined rate of 40% and has a MARR of 12 %. What is the net present worth of the system

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