A professional sports contract offers

$130,000

paid now,

$210,000

paid at the end of each of the

second

and

third

years, and

$700,000

paid at the end of the

fourth,

fifth,

and

sixth

years (Alternative 1). Alternatively, the contract could offer

$410,000

per year paid at the end of each of the six years (Alternative 2). If money is worth

8.5%,

which offer is preferable for the athlete?