Answer format Oy Pound to A creative general manager has two front controvence The concho CONTACTA CONTRACT YEAR SALARY YEAR SALARY 0 $515,700.00 $300,050.00 1 $515,700.00 1 $500,000.00 2 $515,700.00 13.100.00 3 $515,700.00 13,500.00 4 $515,700.00 5813,500.00 The newspapers report the total dollars of the contract, so contract A will pay a total of $2,578,500.00, while contract B will pay $3,042,200.00. The player will select contract B as it has more publicity. The team can earn 5.00% on their investments, so let's determine the value of each contract. What is the present value of contract A? Submit Answer format: Currency: Round to: 2 decimal places