Multiple Choice
Suppose a supplier has an agreement with a firm to be paid $50,000 in 4 years. If the annual interest rate is 1 percent, the supplier would be indifferent between receiving _______now and waiting 4 years to receive the $50,000.
A) $48,076.92
B) $49,550.22
C) $48,049.02
D) 49,557.89
Correct Answer:
Verified
Correct Answer:
Verified
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