Question: In 2 0 2 1 , a basketball player signed a contract reported to be worth $ 5 7 . 9 million. The contract was
In a basketball player signed a contract reported to be worth $ million. The contract was to be paid as
$ million in $ million in $ million in $ million in $ million in
million in If the appropriate interest rate is percent, what kind of deal did the player dunk? Assume all
payments are paid at the end of the year.
Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded
to decimal places, eg
Answer is complete but not entirely correct.
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