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Desperate for quarterback help after an injury to Tua Tagovailoa, the Miami Dolphins approach recently retired Teddy Bridgewater with this offer: The Dolphins will pay

Desperate for quarterback help after an injury to Tua Tagovailoa, the Miami Dolphins approach recently retired Teddy Bridgewater with this offer:
The Dolphins will pay Bridgewater a one-time payment of $2 million up front for the 2024 season, or
The Dolphins will pay Bridgewater $200,000 up front, $1,000,000 three years from now, and $1,300,0005 years from now.
Bridgewater earns an average of 8% on his investments. The value of option 1 is $2 million. What is the value of option 2?
$___________________

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