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Calculate the value of this contract

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Yogi Berra Jr. has agreed to play for the New York Mets for $4 million per year for the next 10 years. What table would you use to calculate the value of this contract in today's dollars?

  • Present value of a single amount
  • Present value of an annuity
  • Future value of a single amount
  • Future value of an annuity

Reference no: EM131360403

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