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mortgage amortization table A famous quarterback...

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Accounting

mortgage amortization table
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A famous quarterback just signed a contract for $12.8 million, providing $3.2 million a year for 4 years. A less famous receiver signed a contract for $11.8 million, providing $3 million now and $2.4 million a year for 4 years. The interest rate is 8%. a. What is the PV of the quarterback's contract? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.) is complete but not entirely correct. s 978.00 the receiver's contract? (Do not round intermediate calculations. Enter your answer in millions rounded to 2 b. What is the PV of decimal places.) 8 Answer is complete but not entirely correct. et 5 618.00 value

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