help

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 terms: Derek Isabel Meredith George Contract Terms Contract Payment Amount Date $420,000 2 years 460,000 3 years 540,000 Today 320,000 1 year Required: 1-a. Assuming an annual discount rate of 10%, calculate the present value of the contract amount (FV of $1. PV of $1. EVA of $1, and PVA of $1 (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.) Present Value Derek Isabel Meredith George 1-b. Which of the four actors is actually being paid the most? Meredith O Derek George Isabel