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Derek Isabel Meredith George Amount $ 470,000 510,000 515,000 370,000 Required: 1-a. Assuming an annual discount rate of 9%, calculate the present value of the
Derek Isabel Meredith George Amount $ 470,000 510,000 515,000 370,000 Required: 1-a. Assuming an annual discount rate of 9%, calculate the present value of the contract amount. (FV of $1, PV of $1, FVA of $1, and PVA of $1) 1-b. Which of the four actors is actually being paid the most? Req 1A Complete this question by entering your answers in the tabs below. Derek Isabel Meredith George Date 2 years 3 years Today 1 year Req 1B Assuming an annual discount rate of 9%, calculate the present value of the contract amount. Note: Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places. Present Value
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