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4. Read Why the Mets Pay Bobby Bonilla $1.19 Million Every July 1 a. Run the numbers: Use July 1, 2011, to calculate the future

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4. Read Why the Mets Pay Bobby Bonilla $1.19 Million Every July 1 a. Run the numbers: Use July 1, 2011, to calculate the future value of the $5.9M owed on July 1, 2000. b. Use July 1, 2011, to calculate the present value of the 25 yearly payments of $1,193,248.20. C. If you were his investment advisor, what would you have advised him when the Mets made the offer? 13.756,670 Future value of July 2000 pay on July 1, 2011 Present value of 25 yearly payments Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Year 21 Year 22 Year 23 Year 24 Year 25 1.193,248 1.193.248 1.193.248 1.193.248 1.193,248 1.193.248 1,193,248 1,193,248 1,193,248 1.193.248 1,193,248 1.193.248 1.193.248 1.193,248 1.193.248 1,193,248 1.193.248 1.193,248 1.193.248 1.193,248 1,193,248 1,193,248 1.193.248 1.193.248 1,193,248

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