Annuities a famous quarterback just signed a 15 million, Ask an Expert

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Annuities. A famous quarterback just signed a $15 million contract providing $3 million a year for 5 years. A less famous receiver signed a $14 million 5 years contract providing $4 million now and $2 million a year for 5 years. The interest rate is 10%. Who is paid better?

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Financial Management, Finance

Category:- Financial Management
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