Christiano Ronaldo just completed a move to the Saudi soccer club Al Nassr for a reported

$$80,000,000$ per year deal with duration two years. Saudi National Bank, where Cristiano receives

his annual paychecks at the end of each year, offers interest rates of $7\%$ for every maturity.

$1.$ Estimate the present value of Cristiano$$s contract $($assume annual compounding$).$

$2.$ If Cristiano saves all the money from his contract, estimate the future value of his savings

account at the end of the contract $($assume annual compounding$).$