Sports salaries. An athlete signs a contract that guarantees a $9-million salary 6 yr from now. Assuming that money can

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Sports salaries. An athlete signs a contract that guarantees a $9-million salary 6 yr from now. Assuming that money can

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Sports Salaries An Athlete Signs A Contract That Guarantees A 9 Million Salary 6 Yr From Now Assuming That Money Can 1
Sports Salaries An Athlete Signs A Contract That Guarantees A 9 Million Salary 6 Yr From Now Assuming That Money Can 1 (16.11 KiB) Viewed 10 times
Sports salaries. An athlete signs a contract that guarantees a $9-million salary 6 yr from now. Assuming that money can be invested at 5.7%, with interest compounded continuously, what is the present value of that year's salary? Po = $ (Round to next whole dollar)
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