59. Calculating Annuity Values An All-Pro defensive lineman is in contract negotiations The team has offered the following salary structure: Time Salary 0 2 3 4 5 6 $7,900,000 4,300,000 4,900,000 5,700,000 6,700,000 7,300,000 8,400,000 All salaries are to be paid in a lump sum. The player has asked you as his agent to renegotiate the terms. He wants a $10 million signing bonus payable today and a con- tract value months, with the first paycheck three mont 5.7 percent days in a year increase of $3,500,000. He also wants an equal salary paid every three hs from now. If the discount rate is his quarterly check? Assume 365 compounded daily, what is the amount of