Question: Needing help with A and B. The answers I got are both wrong. A famous quarterback just signed a $10.8 million contract providing $2.7 million

Needing help with A and B. The answers I got are

Needing help with A and B. The answers I got are both wrong.

A famous quarterback just signed a $10.8 million contract providing $2.7 million a year for 4 years. A less famous receiver signed a $70 million 4-year contract providing $3 million now and $2.2 million a year for 4 years. The interest rate is 8%. a. What is the PV of the quarterback's contract? (Do not round Intermediate calculations. Enter your answer In millions rounded to 2 decimal places.) Present value $8.942,742.47 million b. What is the PV of the receiver's contract? (Do not round Intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) Present value S 10.286.679.05 million c. Who is better paid? O Quarterback Receiver

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