Rich Milne, a popular hockey player has been offered a two-year rookie contract with a choice. He can either accept $2,000,000 now, or accept monthly payments of $100,000 payable at the end of each month. If money can be invested at 5.7% compounded quarterly, which option is the best for Rich, and by how much? Do not round until the final answer. Round all FINAL answers to the nearest hundredth (ex. 27.84 3250, 3.60). Do not enter *s* or "96" signs or commas in final answers. When assigning values to N IVY, PV, or FV, do not enter - cash flow sign in either PV, PMT or FV. Only round / to the nearest hundredth and for the variable you are computing, entero. When calculating the value of the monthly payment option, what are the values for the following variables? N= 4 1/4 = 4 PV = PMT= 100000 FV What is the cash value of the monthly payment option? $ Which option is better for Rich? OPayments Olump Sum 12:59 AM