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Assume there are 3 6 5 days in a year. Louise is in the process of negotiating her contract with the Maple Leafs. She has

Assume there are 365 days in a year. Louise is in the process of negotiating her contract with the Maple Leafs. She has been offered yearly salaries of $3,300,000(t =1), $3,900,000(t =2), $4,200,000(t =3), $4,800,000(t =4), $5,000,000(t =5). Assume that all yearly salaries are paid at the beginning of the year as lump sums (i.e. all at once). Louise believes that she deserves more money and wanted the value of the contract to increase by $2,000,000, as well as a signing bonus of $5,000,000(payable today). She wants her salary to be paid equally every 33 days, with the first payment 33 days from now. If the interest rate is 6% compounded weekly, what is the amount of Louise cheque (every 33 days)?

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