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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 Pa Date $600,000 640,000 500,000 500,000 2 years 2 3 years Isabel Mereditth 1 year Required: 1-a. Assuming an annual discount rate of 9% a culate the present value of the contract amount provided. Round your answers to 2 decimal places.) EVS1 P of $1. E Ao 1. and P Aof $1) (Use appropriate factor s) from 1-b. Which of the four actors is actually being paid the most? O Derek O Isabel O Meredith ^ Type here to search

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