A first round draft choice for the Calgary Flames has been signed to a 12 million dollar contract. He has a choice of: Receive $4 million at the end of every year for three years or Receive $8 million dollars at the end of year 1, $2 million at the end of year 2 and $2 million at the end of year 3. He can invest his money at an interest rate of 8%. What should he do? Show your calculations