You have two job offers outside Egypt, and you will start working on January 2021, the offers are as follows: 1. An offer as a process Engineer with a starting salary of EGP 55k per year, annual raise of 10%, and a minimal risk 2- An offer as a quality & control Engineer of a starting salary of EGP 60k per year, annual raise of 8% with an intermediate risk As average your expenses will be around EGP 24k per year with annual increase of 6% due to market prices Your plan is to work there for 10 years and then come back to Egypt to start your private business, the alternatives are as follows: Alternative one: Initial investment of EGP 450k, with annual expenses of EGP 50k and income of EGP 150k Alternative two: Initial investment of EGP 600k, with annual expenses of EGP 60k and income of EGP 175k Alternative three: Initial investment of 700k, with annual expenses of EGP 70k, income of EGP 192k On this basis: a) Which offer will you choose and why? Based on bank interest rate of 8% b) Based on minimum rate of return accepted of 8%, which investment you will go for? c) Suppose you want to have total cash of not less than EGP 850k after 5 years of the business, which alternative would you choose? Assume that the profit from the project is in the company fund without interest while the rest of the original money is kept in the bank