Question: 45 A pump is needed for 10 years at a remote location. The pump can be driven by an electric motor if a power line

45 A pump is needed for 10 years at a remote location.

A pump is needed for 10 years at a remote location. The pump can be driven by an electric motor if a power line is extended to the site. Otherwise, a gasoline engine will be used. Use an annual cash flow analysis and an 8% interest rate. How should the pump be powered

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