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0 out of 1 points Canliss Mining Company borrowed money from a local bank. The note the company signed requires 7 annual installment payments of

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0 out of 1 points Canliss Mining Company borrowed money from a local bank. The note the company signed requires 7 annual installment payments of $14,000 beginning one year from today. The interest rate on the note is 7%. What amount did Canliss borrow? (Do not add dollar sign; do not add comma to your amount; round the answer to the whole number) Present Value of Ordinary Annuity Present Value of $1 of $1 Present Value of Annuity Due of $1 Period 3% 6% 7% 8% 3% 6% 7% 8% 3% 6% 7% 8% 4 0.88849 0.79209 0.76290 0.735033.71710 3.46511 3.38721 3.38721 3.31213 3.31213 3.82861 3.67301 3.62432 3.57710 5 0.86261 0.74726 0.71299 0.680584.57971 4.21236 4.10020 3.99271 4.71710 4.46511 4.46511 4.38721 4.31213 6 0.83748 0.70496 0.66634 0.630175.41719 4.91732 5.41719 4.91732 4.76654 4.62288 5.57971 5.21236 5.10020 4.99271 7 0.81309 0.66506 0.62275 0.583496.23028 5.58238 5.389295.20637 6.41719 5.91732 5.766545.62288 8 0.78941 0.62741 0.58201 0.54027 7.01969 6.20979 5.97130 5.74664 7.23028 6.58238 6.38929 6.20637 - OK 20. DOD DOO F4 Il * 59 12 FIO F5 F7 F6 1 % 5 & 7 1 0 3 6 8 9 dele

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