New Contract Old Contract r$=5\%$ In $2000,$ the baseball team Mets owed him $5,900,000$ but instead of paying him this amount, they agreed to a new contract in which Bobby Bonilla would be paid $1,193,248$ every year from $2011$ to $2035.$ Compute the net present value of this new contract under different interest rates. Answer questions and submit a screenshot of the completed work. r$=8\%$ r$=10\%20000<-$ today owed $->5900000...0$ Discounted Values $2011$$$1,193,248\mathrm{.}00$$$511,763\mathrm{.}61$CCC$2012$$$1,193,248\mathrm{.}002013$$$1,193,248\mathrm{.}002014$$$1,193,248\mathrm{.}002015$$$1,193,248\mathrm{.}002016$$$1,193,248\mathrm{.}002017$$$1,193,248\mathrm{.}002018$$$1,193,248\mathrm{.}002019$$$1,193,248\mathrm{.}002020$$$1,193,248\mathrm{.}002021$$$1,193,248\mathrm{.}002022$$$1,193,248\mathrm{.}002023$$$1,193,248\mathrm{.}002024$$$1,193,248\mathrm{.}002025$$$1,193,248\mathrm{.}002026$$$1,193,248\mathrm{.}002027$$$1,193,248\mathrm{.}002028$$$1,193,248\mathrm{.}002029$$$1,193,248\mathrm{.}002030$$$1,193,248\mathrm{.}002031$$$1,193,248\mathrm{.}002032$$$1,193,248\mathrm{.}002033$$$1,193,248\mathrm{.}002034$$$1,193,248\mathrm{.}002035$$$1,193,248\mathrm{.}00$AAA$$ NPV $$BBB$$