The four actors below have just signed a contract to star in a comedy. Each person signs independent contracts with the following terms: Assume an annual discount rate of 8% (compounded annually). 5. \$ What is the value of Actor 1's contract today (round to nearest dollar)? 6. \$ What is the value of Actor 2's contract today (round to nearest dollar)? 7. $ What is the value of Actor 3's contract today (round to nearest dollar)? 8. \$ What is the value of Actor 4's contract today (round to nearest dollar)