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Assume your business is owed $ 1 0 , 0 0 0 by a customer, and the terms of the sale called for the customer

Assume your business is owed $10,000 by a customer, and the terms of the sale called for the customer to pay you two years from now. Your customer asks you if you would be interested in accepting $9,000 today in full settlement of the account instead of the $10,000 in two years. Tell how you would decide whether to accept that offer, and what factors and assumtions would you consider in making your decision. Give an example with calculations as part of tour discussions.

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