Slove it quickly please

directors to devise innovative ways to finance cashstrapped worts programs. One of the latest schemes for big-time athletics is the "sports mortgage." At the University of Kansas, Jayhawk fans can sign up to pay $105,000 now, or over a 10-year period, for the right to buy top seats for foocball games during the next 30 years. In retum, the seats themselves will say locked in at current-ycar prices, Season tickets in tier 1 are currently selling for $350 each. A fan plars to purchase the sports mortgage along with a current-season ticket and pay for both now. then bay a ticket each year for the next 30 years. What is the total present worth of the pricing plan at an interest rate of 10s per year? 3.7 The rising cost of athletic progrums at major universities has induced college presidents and athletic