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Mehmet signed a contract for 4 0 million dollars. The terms of the contract were $ 4 million immediately, $ 5 . 4 million per
Mehmet signed a contract for million dollars. The terms of the contract were $ million immediately, $ million per year for the first four years with the first payment after one year and $ million per year for the next four years with the first payment at year If Mehmets interest rate is per year, what would his contract be worth at the time he signs it
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