Question: Clair is a soccer player that just signed a 3-year contract with a new team. The contract will pay her as follows: $56,000 today $67,000

Clair is a soccer player that just signed a 3-year contract with a new team. The contract will pay her as follows: $56,000 today $67,000 at the end of year 1 $75,000 at the end of year 2 $85,000 at the end of year 3 If the discount rate is 6.2%, what is the value of her contract today? Answer Format: Positive number rounded to 2 decimal places

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