eBook

are as follows:

Contract $1,$$$3,500,000,$$$3,500,000,$$$3,500,000,$$$3,500,000$

Contract $2,$$$2,500,000,$$$3,500,000,$$$4,000,000,$$$5,000,000$

Contract $3$$$7,000,000$$$1,500,000$$$1,500,000$$$1,500,000$

As his adviser, which contract would you recommend that he accept?

Select the correct answer.

Contract $1$ gives the quarterback the highest future value; therefore, he should accept Contract $1.$

b$.$ Contract $3$ gives the quarterback the highest future value; therefore, he should accept Contract $3.$

:$.$ Contract $2$ gives the quarterback the highest present value; therefore, he should accept Contract $2.$

I. Contract $1$ gives the quarterback the highest present value; therefore, he should accept Contract $1.$

$.$ Contract $3$ gives the quarterback the highest present value; therefore, he should accept Contract $3.$