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Laverne bought a new home entertainment system today from Andre's Electronics. She will receive a cash rebate of $ 2 2 9 . 0 0

Laverne bought a new home entertainment system today from Andre's Electronics. She will receive a cash rebate of $229.00 from Andre's Electronics today, pay $725.00 to Andre's Electronics in 1 year, receive a cash rebate of $1,641.00 from Andre's Electronics in 2 years, and pay $4,981.00 to Andre's Electronics in 4 years. If the discount rate is 14.98 percent, then what is the present value of the cash flows assoclated with this transaction? $-2,437.08(plus or minus 3 dollars) $-749.08(plus or minus 3 dollars) $-2,010.17(plus or minus 3 dollars) $-1,493.10(plus or minus 3 dollars) none of the answers are within 3 dollars of the correct

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