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(10 points) In December of 2000 Alex Rodriguez (A-Rod) became the highest paid baseball player of all time. A-Rod signed a 10-year $252 million free

image text in transcribed (10 points) In December of 2000 Alex Rodriguez (A-Rod) became the highest paid baseball player of all time. A-Rod signed a 10-year \$252 million free agent contract with the Texas Rangers. The details of his contract are: Did A-Rod actually receive \$252 million dollars? Assume an interest rate of 6\%. You have to quantitatively support your

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