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Two rival football fans have made the following wager: if one fan's college football team wins the conference title outright, the other fan will donate

Two rival football fans have made the following wager: if one fan's college football team wins the conference title outright, the other fan will donate

$1 comma 4001,400

to the winning school. Both schools have had relatively unsuccessful teams, but are improving each season. If the two fans must put up their potential donation today and the discount rate is

66%

for the funds, what is the required upfront deposit if we expect a team to win the conference title in

44

years?

1212

years?

1818

years?

What is the required upfront deposit if we expect a team to win the conference title in

44

years?

$nothing

(Round to the nearest cent.)What is the required upfront deposit if we expect a team to win the conference title in

1212

years?

$nothing

(Round to the nearest cent.)What is the required upfront deposit if we expect a team to win the conference title in

1818

years?

$nothing

(Round to the nearest cent.)

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