Problem:
During the 2014 free agent market of major league baseball, Nick Markakis of Baltimore Orioles signed a $44 million contract providing $11 million a year for 4 years with Atlanta Braves. Melky Cabrera of Toronto Blue Jays signed a $42 million contract providing $3 million now and $13 million a year for 3 years with Chicago White Sox. Who is better paid? The interest rate is 8%