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Use the following to answer questions 58 (round to nearest whole dollar) The four actors below have just signed a contract to star in a

image text in transcribed Use the following to answer questions 58 (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 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)

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