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  • An All Star Goaltender Is in Contract Negotiations The Team Has

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    hassan taimour
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    An all-star goaltender is negotiating a new contract with their team. The team originally offered salaries increasing each year of the contract, from $8.5 million in the first year to $7.3 million in the sixth year. The player wants a $10 million signing bonus, $1.5 million higher salaries, and to be paid quarterly with interest instead of an annual lump sum.

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    An all-star goaltender is negotiating a new contract with their team. The team originally offered salaries increasing each year of the contract, from $8.5 million in the first year to $7.3 million in the sixth year. The player wants a $10 million signing bonus, $1.5 million higher salaries, and to be paid quarterly with interest instead of an annual lump sum.

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    © All Rights Reserved
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    38 views1 page

    An All Star Goaltender Is in Contract Negotiations The Team Has

    Uploaded by

    hassan taimour
    An all-star goaltender is negotiating a new contract with their team. The team originally offered salaries increasing each year of the contract, from $8.5 million in the first year to $7.3 million in the sixth year. The player wants a $10 million signing bonus, $1.5 million higher salaries, and to be paid quarterly with interest instead of an annual lump sum.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    An all star goaltender is in contract negotiations The team

    has #497
    An all-star goaltender is in contract negotiations. The team has offered the following salary
    structure: Time Salary0.................................... $8,500,0001...................................
    3,900,0002................................... 4,600,0003...................................
    5,300,0004................................... 5,800,0005...................................
    6,400,0006................................... 7,300,000All salaries are to be paid in a lump sum. The player
    has asked you as his agent to renegotiate the terms. He wants a $10 million signing bonus
    payable today and a contract value increase of $1,500,000. He also wants an equal salary paid
    every three months, with the first pay cheque three months from now. If the interest rate is 5
    percent compounded daily, what is the amount of his quarterly cheque? Assume 365 days in a
    year.View Solution:
    An all star goaltender is in contract negotiations The team has

    ANSWER
    http://paperinstant.com/downloads/an-all-star-goaltender-is-in-contract-negotiations-the-team-
    has/

    1/1
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