Hydro One plans to complete a modification with the project start date of March 12. The procurement activities begin on July 6 worth $3.5 million. Calculate the amount the project manager obtains on March 12 to pay for all the procurement, if money is worth 2.5% per year. a $3,472,175 b $3,266,532 c $2,435,642 d $3,497,654