Question $1$: Daniel Dunkerson, a popular basketball player, has been offered a six$-$year salary deal. He can

either accept $$10,000,000$ now or accept monthly amounts of $$175,000$ payable at the end of each month.

If money can be invested at $6\mathrm{.}64\%$ compounded quarterly, which option is the better option for Daniel

and by how much?