Question: SOLVE STEP BY STEP IN DIGITAL FORMAT DON'T USE AI | DON'T USE Al |DON'T USE AI |DON'T USE AI | 7) A mining company

 SOLVE STEP BY STEP IN DIGITAL FORMAT DON'T USE AI |

SOLVE STEP BY STEP IN DIGITAL FORMAT DON'T USE AI | DON'T USE Al |DON'T USE AI |DON'T USE AI | 7) A mining company has discovered a manganese vein in a Latin American country and must decide the convenience or inconvenience of its exploitation. In order to benefit the mineral, it is necessary to make an investment of $350,000.00. Its financial analysts estimate that the vein will only produce for 3 years and, according to the current price of the metal, the income would be as follows: ler. year 100,000,2 nd. year 200,000,3 rd. year 300,000 . If the average inflation rate for the next three years is 40%, is the investment profitable? Justify your answer with data

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