Question
Flynn is so exctedl According to George, the contrad is worth $3,102,400 -assuming receipt of all posible bofuses. After reveading the email tmice and calling
Flynn is so exctedl According to George, the contrad is worth
$3,102,400
-assuming receipt of all posible bofuses. After reveading the email tmice\ and calling his family, Flymn caled you to review the terms of the contract and verify Ceorges caloulatisns. Alter an extended cofreirsation absut what\ heill do with his newfound wealth, you and flymn have agreed that any funds rectived could be imested to jarn \ 8.co%, compoufded monthly.\ Contract Evaluation Worksheet\ Complete the following worksheat by ifserting the approprate valuas to evaluate the curkract and answer the related questions.\ Note: To darify possible sources of confusion and simplify your calculations:\ Assume that all bonuses are eamed in each of the years for which they are available and are paid at the end of the corresponding\ year(s), urles specfically stated differemty. Their walue should be based on the salary in effect at the time the bsensel mere\ tamed.\ The endorsement procteds are paid in accordance with the terms of the deal.\ Remsember that the timing of a cash flow affects the interest rate that is used to discount the cash flow. For example, afnual interest.\ rates should be used to discourk arnual cash flows, and monchly intersist fates are used to discourk monthly cash flows. Therefore,\ If may be nectsary to compute the appropriabe interest rate that should be used in a dicoumting calculation.\ Round ail dslar amounts to the fearest whole dollar and carry out al interist rate factors to four decimal places.\ When entering intermediate values as answer choicus, be sufe to round them to the featest dollat, however when using these same\ values to calculate another aftiwer, do fot round.\ Firmn Fireballer's Contract Eraluation Worksheet
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