Question: Step by step please. A pump is needed for 10 years at a remote location. The pump can be driven by an electric motor if

Step by step please.

A pump is needed for 10 years at a remote location. The pump can be driven by an electric motor if a power line is extended to the site. Otherwise, a gasoline engine will be used. Use an annual cashflow analysis and an 8% interest rate. How shouldthe pump be powered

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