Xavier Is a Baseball Player Negotiating a Contract to Play

Xavier is a baseball player negotiating a contract to play for a team for one year. He is usually paid $10 million a year for playing, but the salary cap for his team means that he will have to be paid $5
Million this year and the remainder next year. If the interest rate is 8 percent, how much should that
Remaining amount be next year?

A) $5.0 million
B) $5.1 million
C) $5.4 million
D) $6.1 million