Saleem Swingman has been playing baseball since he was five years old and has always dreamed of playing in the big leagues. Last season, he was a

starting pitcher for a double$-$A $($AA$)-$level baseball team, the Dodge City Cowboys; last year, he was the first runner$-$up for the Minor League Player of

the Year award. Using his $99mph$ fastball, an impeccable curve ball and slider, and a reliable changeup pitch, he achieved a $18-2$ win$-$loss record, an

earned run average $($ERA$)$ of $2\mathrm{.}23,$ and $166$ strikeouts in $147\mathrm{.}2$ innings pitched. He is also your best friend.

Two weeks ago, on his three$-$year anniversary with the team, Saleem received the following email from his agent, Steven Sign'em$-$Now, indicating that

he is being called up to the El Paso Grandies, the Cowboys's corresponding Major League Baseball $($MLB$)$ team. Moreover, Saleem's contract is being

revised to reflect his new status. The email describes the general terms and conditions of Saleem's revised contract.

Saleem is so excited! According to Steven, the contract is worth $$3,234,400-$assuming receipt of all possible bonuses. After rereading the email twice

and calling his family, Saleem called you to review the terms of the contract and verify Steven's calculations. After an extended conversation about

what he'll do with his newfound wealth, you and Saleem have agreed that any funds received could be invested to earn $6\mathrm{.}50\%,$ compounded monthly.