ECON242 Term Project (15%) Suppose you have $500000 in your saving account. You have following options as a potential project to be selected. Based on your interest, and using what you have learned in Engineering Economy course, select one project to invest in and provide a complete report: 1- Purchasing a acre lot, building a 2500 square feet residential building and renting it for 30 years. If you did not use all of the $500000, invest the remaining in an investment account that gives you %8 interest annually. Assume the investment time for the project is N=30 years. Research for other variables such as interest rate, MARR, interest compounding period, Payment period, etc. Build corresponding cash flow for the project, evaluate the project using present worth analysis and determine what is break even interest rate for it