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A famous quarterback just signed a $ 1 4 million contract providing $ 3 . 5 million a year for 4 years. A less famous

A famous quarterback just signed a $14 million contract providing $3.5 million a year for 4 years. A less famous receiver signed a $10.6 million 4-year contract providing $3 million now and $3.2 million a year for 4 years. The interest rate is 8%.

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