Sports salaries. An athlete signs a contract that guarantees a $9-million salary 6 yr from now. Assuming that money can
Posted: Tue Jul 05, 2022 10:01 am
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)