Ray and Rachel are considering the purchase of two deluxe kitchen ovens. The first store offers the two ovens for $2100 with payment due today. The second store offers the two ovens for $2,300 due in one year. Required: 1-a. Assuming an annual discount rate of 8%, 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 8%, calculate the present value. Note: Use tables, Excel, or a financial calculator. Round your answors to 2 decimal places. (FV of \$1, PV of \$1, FVA of \$1, and PVA of \$1) Ray and Rachel are considering the purchase of two deluxe kitchen ovens. The first store offers the two ovens for $2,100 with payment due today. The second store offers the two ovens for $2,300 due in one year. Required: 1-a. Assuming an annual discount rate of 8%, 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? From which atore should Ray and Facher buy their ovens