Required: 1-a. Assuming an annual discount rate of 8%, calculate the present value of the contract amount. (FV of $1, PV of $1, FVA of $1, anc PVA of \$1) 1-b. Which of the four actors is actually being paid the most? Complete this question by entering your answers in the tabs below. Assuming an annual discount rate of 8%, calculate the present value of the contract amount. Note:Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places. TABLE 2 Present value of $1