Harry Hurler has been playing baseball since he was five years old and has always dreamed of playing in the big leagues. Last season, he was a starting pitcher for a double$-$A $($AA$)-$level baseball team, the Roswell Extraterrestrials; last year, he was the first runner$-$up for the Minor League Player of the Year award. Using his $99mph$ fastball, an impeccable curve ball and slider, and a reliable changeup pitch, he achieved a $18-2$ win$-$loss record, an earned run average $($ERA$)$ of $2\mathrm{.}23,$ and $166$ strikeouts in $147\mathrm{.}2$ innings pitched. He is also your best friend.

Two weeks ago, on his three$-$year anniversary with the team, Harry received the following emall from his agent, Marty Fineprint, indicating that he is being called up to the El Paso Grandles, the Extraterrestrials's corresponding Major League Baseball $($MLB$)$ team. Moreover, Harry's contract is being revised to reflect his new status. The email describes the general terms and conditions of Harry's revised contract.

From: Marty Fineprint

To: Harry Hurler

Subject: New Team, New Contract Proposal

Harry,

Conaratulations! You've been called up to the El Paso Grandies. Below are the offered

Harry is so excited! According to Marty, the contract is worth $$2,620,400-$assuming receipt of all possible bonuses. After rereading the email twice and calling his family, Harry called you to review the terms of the contract and verify Marty's calculations. After an extended conversation about what he'll do with his newfound wealth, you and Harry have agreed that any funds received could be invested to earn $7\mathrm{.}50\%,$ compounded monthly.

Contract Evaluation Worksheet

Complete the following worksheet by inserting the appropriate values to evaluate the contract and answer the related questions.

Note: To clarify possible sources of confusion and simplify your calculations:

Assume that all bonuses are earned in each of the years for which they are avallable and are paid at the end of the corresponding