2- A self-employed chemical engineer is on contract with a large multinational chemical company, currently working in a relatively high-inflationary country in Central America. She wishes to calculate a project’s PW with estimated costs of USD 35000 now and USD 7000 per year for five years beginning 1 year from now with increases of 12% per year thereafter for the next 8 years. Use a real interest rate of 15% per year to make the calculations (a) without an adjustment for inflation, and (b) considering inflation at a rate of 11% per year.
solve it right please