Question: A famous quarterback just signed a $ 1 2 . 8 million contract providing $ 3 . 2 million a year for 4 years. A

A famous quarterback just signed a $12.8 million contract providing $3.2 million a year for 4 years. A less famous receiver signed a $8.6 million 4-year contract providing $3 million now and $2.5 million a year for 4 years. The interest rate is 9%.What is the PV of the quarterbacks contract? What is the PV of the wide recievers contract? Note : Do not round intermediate calculations. Round final answer to two decimal places

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