Compute the amount that can be borrowed under each of the following circumstances: $($PV of $$1,FV$ of $$1,$PVA of $$1,$ and FVA of $$1)$

$($Use appropriate factor$($s$)$ from the tables provided. Round your "Table value" to $4$ decimal places.$)$

A promise to repay $$98,000$ four years from now at an interest rate of $7\%.$

An agreement made on February $1,2019,$ to make three separate payments of $$12,000$ on February $1$ of $2020,2021,$ and $2022.$ The

annual interest rate is $2\%.$