Ray and Rachel are considering the purchase of two deluxe kitchen ovens. The first store offers t… Assignment Help

  

Show transcribed image text Ray and Rachel are considering the purchase of two deluxe kitchen ovens. The first store offers the two ovens for $2, 800 with payment due today. The second store offers the two ovens for $3,000 due in one year. Required: Assuming an annual discount rate of 10%, calculate the present value. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use appropriate factor(s) from the tables provided. Round your answers to 2 decimal places.)

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(it’s simple and quick)

  

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