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1. Refer to Ch3 reading "A-Rod's contract" and calculate the actual value for him as...

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1. Refer to Ch3 reading "A-Rod's contract" and calculate the actual value for him as of 2000 when he signed the contract. Assume the interest rate to be 7%. Year Actual Salary 2001 18.00 2002 19.00 2003 19.00 2004 19.00 2005 21.00 2006 19.00 2007 23.00 2008 27.00 2009 27.00 2010 27.00 2011 6.72 2012 5.38 2013 4.03 2014 4.03 2015 4.03 2016 4.03 2017 4.03 2018 4.03 2019 4.03 2020 4.03 1. Refer to Ch3 reading "A-Rod's contract" and calculate the actual value for him as of 2000 when he signed the contract. Assume the interest rate to be 7%. Year Actual Salary 2001 18.00 2002 19.00 2003 19.00 2004 19.00 2005 21.00 2006 19.00 2007 23.00 2008 27.00 2009 27.00 2010 27.00 2011 6.72 2012 5.38 2013 4.03 2014 4.03 2015 4.03 2016 4.03 2017 4.03 2018 4.03 2019 4.03 2020 4.03

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