Business, 21.02.2020 18:50, goaliekid2663

A famous quarterback just signed a contract for $16 mil, providing $3.6 million a year for 4 years. A less famous receiver signed a contract for $15.0, providing $3 mil now and $3.0 a year for 4 years. The interest rate is 9%. What are the present value of their contract?

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A famous quarterback just signed a contract for $16 mil, providing $3.6 million a year for 4 years....