(EAR) A pro-football team offers one of its players the choice between the following contracts: a. Yearly salary (payable at the end of every year) of $400,000 for 5 years; b. Quarterly salary (payable at the end of every quarter) of $95,000 for 5 years? c. monthly salary (payable at the beginning of every month) of $31,000 for 5 years? Assuming the APR quoted is 8% compounded semi-annually, which contract should this player accept? Show all your calculations