A professional football player signs a five-year 2 million dollar contract with a guaranteed 20% increase per year if he makes the All Pro team. If the player plays out the contract and makes the All Pro team each year, what will be his approximate salary for the last year of his contract?
4.05 million dollars

4.15 million dollars

3.20 million dollars

4.98 million dollars

Answers

The approximate salary for the last year of his contract would be 4.98 million dollars.


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