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A business investment option of $4000 is available that has earning capacity of 5% per year for 5 year. At the same time you want
A business investment option of $4000 is available that has earning capacity of 5% per year for 5 year. At the same time you want to purchase a much needed raw material for your product that is available in $3000 that has inflation rate of 9% per year. Discuss in the light of Engineering Economics Principles, if you would immediately invest or buy the raw materials and vice versa.
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