You have to make a balloon payment on your house five years from now of $15,000. If money can earn an average of 6 percent a year for the five year period, what Excel function will you use to determine what to deposit now? rate Opv Onper fv A noted free agent running back just signed a 4 year $30 million dollar contract with a new team. He will get a 7 million dollar signing bonus and a 4.5 million dollar roster bonus. Additionally, he will get 3.25 million for year 1, 5.25 million for year 2,5 million for year 3 and 5 million for year 4. Salary is paid at the end of the 1 year. Find the present value of his contract if money can earn 6%. $27,397,083.78 $23,911,000.35 $30,000,000 $15,897,083.78 What proceeds would you receive if you borrow $5,000 for 270 days discounted at 12%? $4,556.16 $433.84 $4,550 $5,455