Question: Calculate the CTF and CSF for each of the following:
(a) Tax rate of 50 percent, CCA of 20 percent, and an after- tax MARR of 9 percent
(b) Tax rate of 35 percent, CCA of 30 percent, and an after- tax MARR of 12 percent
(c) Tax rate of 55 percent, CCA of 5 percent, and an after- tax MARR of 6 percent.