In 2021, a basketball player signed a contract reported to be worth \$69.5 million. The contract was to be paid as $9.7 million in 2021 , $10.9 million in 2022,$12.1 million in 2023,$12.2 million in 2024 , $12.2 million in 2025 , and $12.4 million in 2026 . If the appropriate interest rate is 13 percent, what kind of deal did the player dunk? Assume all payments are paid at the end of the year. Note: Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89