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A famous quarterback just signed a $10.5 million contract, payable in 5 installments of $2.1 million a year for the next 5 years. The interest

A famous quarterback just signed a $10.5 million contract, payable in 5 installments of $2.1 million a year for the next 5 years. The interest rate is 10%. What is the PV of the quarterback's contract? Is the annuity a good deal for the quarterback rather to receive the lump sum now

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