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The four actors below have just signed a contract to star in a dramatic movie about relationships among hospital doctors. Each person signs independent contracts

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The four actors below have just signed a contract to star in a dramatic movie about relationships among hospital doctors. Each person signs independent contracts with the following terms: Required: 1.a. Assuming an annual discount rate of 10\%, calculate the present value of the contract amount (FV of S1, PV of S1, EVA of S1, and PVA of Sil (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) 16. Which of the four actors is actually being paid the most? Meredith Derek George isabel Ughts, Camera, and More sells filmmaking equipment. The company offers three purchase options: (1) pay full cash today. (2) pay onehalf down and the remaining one-half plus 10% in one year, or (3) pay nothing down and the full amount plus 15% in one year, George is considering buying equipment from Lights, Camera, and More for $125,000 and therefore has the following payment options: Required: 1-a. Assuming an annual discount rate of 10\%, calculate the present value and the total cost. (FV of S1. PV of S1, EVA of S1, and PVA of S1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) 1-b. Which option's cost has the lowest present value? Option 1 Option 2 Option 3

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