43. Icahn Tackel just signed a $11.5 million, four year contract with an NFL team. He received a signing bonus of $2 million; $1.5 million at the end of the first year; $3million at the end of the second year;$3.5 million at the end of the third year; and $1.5million at the end of the fourth year. What is the present value of his contract if money can earn 8% per year