Compute the amount that can be borrowed under each of the following circumstances (PV of $1. EV of $1, PVA of $1. and EVA of $1) (Use appropriate factor(s) from the tables provided. Round your "Table value" to 4 decimal places.) 1. A promise to repay $96,000 eight years from now at an interest rate of 8% 2. An agreement made on February 1, 2019, to make three separate payments of $28,000 on February 1 of 2020, 2021, and 2022. The annual interest rate is 7% Option 1 Table Value Amount Present Value Loan amount Option 2 Table Value Amount Present Value Annual payments