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The eagles negotiated a 13-year contract with Jalen Hurts for $335 million. He said Oh, another team already offered me that - they're going to
The eagles negotiated a 13-year contract with Jalen Hurts for $335 million. He said "Oh, another team already offered me that - they're going to give me $25,769,231 per year." But the Eagles said they meant they would pay him an amount every year that would make the true value of the contract equal to $335 million. The Eagles can earn 4% on their investments. How much will the company pay him each year to make the contract really worth $335 million today?
a) $2,741,874
b) $20,148,149
c) $25,769,231
d) $25,000,000
e) $33,548,149
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