Use the following to answer questions 28-29 (round to nearest whole dollar) The four actors below have just signed a contract to star in a comedy. Each person signs independent contracts with the following terms: Contract How contract is paid amount AE Actor 1 $1,000,000 Lump sum in 4 years Actor 2 1,050,000 Lump sum in 5 years Actor 3 350,000 Every year for 3 years Actor 4 262,500 Every year for 4 years Assume an annual discount rate of 5% (compounded annually). 28. $_ What is the value of the lowest value contract today (round to nearest dollar)? 29. $._ What is the value of the highest paid contract today (round to nearest dollar)