Carl Hightop a popular basketball player has been offered a

Last updated: 3/17/2023

Carl Hightop a popular basketball player has been offered a two year salary deal He can either accept 1 700 000 now or accept monthly amounts of 70 000 payable at the end of each month If money can be invested at 4 7 compounded quarterly which option is the better option for Carl and by how much The Rou as ne option is better by monthly payments lump sum est cent as needed Round all intermediate values to six decimal places