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:

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Assuming an annual discount rate of 9%, which of the four actors is actually being paid themost?

Contract Terms Derek sabel Meredith George Contract Amount $600,000 640,000 500,000 500,000 Payment Date 2 years 3 years Today 1 year

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