31. Billy Wilson's cousin, Luigi, also received a football contract offer with the following terms: Signingbonustodayof$500,000$500,000attheendofyearone$600,000attheendofyeartwo$750,000attheendofyearthree$3,000,000attheendofeachyear410 Luigi had been listening to Billy Wilson's financial calculations using 10%. With the current economic environment given the volatility on Wall Street and the sluggish economy, Luigi will assume that 5% will be the interest rate that will be available during the timeframe. What is the present value of Luigi's football contract offer assuming a 5% interest rate? 32. Based on the answer to \#31 above, if Luigi took that Present Value amount and invested it for 43 years at 7%, then how much could he pay himself as an annuity for each o the next 43 years