Use the following to answer questions $5-8($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:

Assume an annual discount rate of $10\%($compounded annually$).$

What is the value of Actor $1\text{'}$s contract today

$($round to nearest dollar$)?$

What is the value of Actor $2\text{'}$s contract today

$($round to nearest dollar$)?$

What is the value of Actor $3\text{'}$s contract today

$($rouna to nearest dollar$)?$

$ What is the value of Actor $4\text{'}$s contract today

$($round to nearest dollar$)?$

$$