ST Trucking just signed a $3.8 million contract. The contract calls for a payment of $1.1 million today, $1.3 million one year from today, and $1.4 million two years from today. What is this contract worth today at an interest rate of 8.7 percent? per year? $2,108,001.32 $3,783,648.48 O$3,480,817.37 O$3,202,840.91

ST Trucking just signed a $3.8 million contract. The contract calls for a payment of $1.1 million today, $1.3 million one year from today, and $1.4 million two years from today. What is this contract worth today at an interest rate of 8.7 percent? per year? $2,108,001.32 $3,783,648.48 $3,480,817.37 $3,202,840.91