Question: A famous quarterback just signed a $ 7 2 M M contract providing $ 1 2 M M at the end of each year for

A famous quarterback just signed a $72MM contract providing $12MM at the
end of each year for 6 years. A less famous receiver signed a $64MM,6-year
contract providing $4.0MM now and 'only' $10,000,000 at the end of each year
for 6 years. If interest rates are 8%, who is better paid on a PV basis and by how
much? Show your work to get partial credit...your answer must show by how
much the better paid player is getting.
 A famous quarterback just signed a $72MM contract providing $12MM at

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