A Greener World has offered your hospital a contract for annual landscaping services. They will Involve you monthly for the specific services performed. The have offered you a discount of 2% If you pay within 2 days of Invoicing. Otherwise, your entire bill is due in 21 days. (2/2 net 21) Assuming a 360 day year, what is the approxlmate equivalent annual Interest rate of the discount? a. It depends on our borrowing cost of cash b. 2% C38.65% d. 26.22% The formula for calculating the present value of a dollar amount is: a. PVI (1 + r) to the nth power) ob. FV ((1 + n) to the rth power C. FVH (1 + ) to the nth power} d. FV*((1+r) to the nth power) . e. FV/((1+ n)to the rth power) A company will hold safety stock in order to continue operations in case of unanticipated demand or delivery delays. Select one: True False