Question: 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
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: Contract TermsContract AmountPayment DateDerek$ yearsIsabel yearsMeredithTodayGeorge yearRequired:a Assuming an annual discount rate of calculate the present value of the contract amountb Which of the four actors is actually being paid the most?
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