You are considering two work contracts,each of which lasts for five years.The two contracts are summarized in the following table. 
Assume that you will be paid at the end of each year.Contract 1 includes a signing bonus of $5,000 to be paid at the beginning of year 1,whereas contract 2 does not include a signing bonus.If the interest rate is 5 percent,which is the better offer?
Definitions:
Litres
Definition: A metric unit of volume equal to 1 cubic decimeter (dm³), or 1,000 cubic centimeters (cm³).
Dozen Eggs
A common packaging and selling unit for eggs, consisting of twelve individual eggs.
Graphically
Representing data or information in a visual format, such as charts or graphs, to simplify complex concepts.
Set of Equations
A collection of mathematical equations, often used to solve problems where multiple variables are involved.
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