In 2021, a baseball player signed a contract worth $55,3 mallion. The contract called for $10 million immediately and a salary or $2.5 milition in 2022.\$7.5 million in 2023, $10 million in 2024,\$8.4 million in 2025 and 2026, and $8.5 million in 2027 . If the appropriate interest rate is 7 percent, what kind of deal did the player dig out of the dirt? Assume all payments other than the first $10 million are paid at the end of the contract year. Note: Do not round intermediate calculations and enter your answer in dollors, not millions of dollors, rounded to 2 decimal ploces, e.g., 1,234,567.89