An NFL defensive lineman has been offered the following contract offers: Contract A: $1,000,000 signing bonus, $1,000,000 year one salary, $1,100,000 year two salary, $1,200,000 year three salary.
Contract B: $800,000 signing bonus, $900,000 year one salary, $1,000,000 year two salary, $1,100,000 year three salary, $1,200,000 year four salary.

a) What are the face values of the contracts? (2 points)

b) What discount rate would you use to calculate the present value of his contracts? Explain how you decided on the discount rate (3 points).

c) What is the present value of his contracts? Show your work (4 points)

d) What contract should he accept? (2 points)

The average hourly earnings for a construction worker is projected to be $24.50 in 2012. jason wants to join the construction work force after he graduates in 2012. his friend tells him that average hourly earnings for construction workers will rise by 2% from 2009 to 2012. based on the data below, assuming that the projected hourly earnings are correct, is jason’s friend’s statement accurate? construction industry - average hourly earnings, 2000-2009 a. his friend’s statement is accurate. the average hourly earnings will increase by 2%. b. his friend’s statement is not accurate. the percent increase will be more than 2% c. his friend’s statement is not accurate. the percent increase will be less than 2% d. his friend’s statement is not accurate. the average hourly earnings will decrease

The parabola x = y² - 9 opens: a.)up b.)down c.) right d.)left

Ahiking trail is 6 miles long. it has 4 exercise stations, spaced evenly along the trail. what is the distance between each exercise station?