The Mississippi Department of Corrections is evaluating two options for the 4 major Mississippi prisons. It can increase funding now for $7.0M or it can wait 4 years when the bonds is expected to increase to $12.0M. Economist expects a real MARR of 11.5% per year with an average inflation rate of 3.7%. Using the FUTURE WORTH ANALYSIS and CASE 4, determine if the MDC should increase now or later: When inflation is not considered When inflation is considered