Business
Business, 30.01.2021 20:00, death2833

Suppose 2 athletes sign 10-year contracts for $80 million. In one case, we're told that the $80 million will be paid in 10 equal instalments. In the other case, we're told that the $80 million will be paid in 10 instalments, but the instalments will increase by 5% per year. Who got a better deal and why?

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Suppose 2 athletes sign 10-year contracts for $80 million. In one case, we're told that the $80 mill...

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