Show all work. Label and clearly explain your answer. This is very important. 1) You must explain how you arrived at your answer in order to get full credit 2) If you do show your work, and your answer is wrong, you can still earn a substantial amount of credit depending on how serious the error is. 3) If your answer is wrong, and you don't show your work, you will get a zero. Pip Jordan has received contract offers from three professional aquatic basketball teams. The details are below. Which contract is most valuable? a. Salary of $900,000 per year for 9 years, starting next year. b. Salary of $750,000 per year for 9 years, starting next year, plus a $1 million signing bonus, received immediately. c. $600,000 per year for 4 years, starting next year. In years 5-9, the salary increases to $1,500,000 per year. The market interest rate is 6% per year