Exercise C.6 (Algo) Calculate the present value of a single amount (LO C-3) Ray and Rachel are considering the purchase of two deluxe kitchen ovens. The first store offers the two ovens for $2,200 with payment due today. The second store offers the two ovens for $2,500 due in one year, Required: 1-a. Assuming an annual discount rate of 10%, calculate the present value. 1-b. From which store should Ray and Rachel buy their ovens? Complete this question by entering your answers in the tabs below. 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 tables, Excel, or a financial calculator, Round your answers to 2 decimal places.) Exercise C-6 (Algo) Calculate the present value of a single amount (LO C-3) Ray and Rachel are considering the purchase of two deluxe kitchen ovens. The first store offers the two ovens for $2,200 with payment due today. The second store offers the two ovens for $2,500 due in one year. Required: 1-a. Assuming an annual discount rate of 10%, calculate the present value. 1.b. From which store should Ray and Rachel buy their ovens? Complete this question by entering your answers in the tabs below. From which store should Ray and Rachel buy their ovens? Exercise C-9 (Algo) Calculate the present value of a single amount (LO C-3) Lights. Camera, and More selis filmmaking equipment. The company offers three purchase options. (1) pay full cash today. (2) pay one half down and the remaining one-half plus 10% in one year, or (3) pay nothing down and the full amount plus 15% in one year. George considering buying equipment from Lights, Camera, and More for $80.000 and therefore has the following payment options: Required: 1-a. Assuming an annual discount rate of 10%, calculate the present value and the total cost. 1-b. Which option's cost has the lowest present value? Complete this question by entering your answers in the tabs below. Assuming an annual discount rate of 10%, calculate the present value and the total cost. (FV of $1, PV of $1, FVA of $1, and PVA of \$1) (Use tables, Excel, or a financial calculator. Round your answers to 2 decimal places.) Exercise C.9 (Algo) Calculate the present value of a single amount (LO C-3) Lights, Camera, and Mote sells fitmmaking equipment. The company offers three purchase options: (1) pay full cash today, (2) pay onehalf down and the remaining one-half plus 10% in one year, or (3) pay nothing down and the full amount plus 15% in one year. George is considefing buying equipment from Lights, Camera, and More for $80,000 and therefore has the following payment options. Required: 1.0. Assuming an annual discount rate of 10%, calculate the present value and the total cost. 1-b. Which option's cost has the lowest present value? Complete this question by entering your answers in the tabs below. Which option's cast has the lowent prosentivalue
