Suppose a supplier has an agreement with a firm to be paid $3,500 in 2 years. If the annual interest rate is 4 percent, the supplier would be indifferent between receiving_______ now and waiting 2 years to receive the $3,500.
A)$3,233.46
B)$3,235.95
C)$3,451.32
D)$3,450.45

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The Answer of Suppose a supplier has an agreement with a firm to be paid $3,500 in 2 years. If the annual interest rate is 4 percent, the supplier would be indifferent between receiving_______ now and waiting 2 years to receive the $3,500.
A)$3,233.46
B)$3,235.95
C)$3,451.32
D)$3,450.45

Suppose a Supplier Has an Agreement with a Firm to Be