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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

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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.) 1. A promise to repay $90,000 seven years from now at an interest rate of 6% 2. An agreement made on February 1, 2016, to make three separate payments of $20,000 on February 1 of 2017, 2018, and 2019. The annual interest rate is 10%. Table Value Option 1 Loan amount Amount Present Value 90,000 $ $ Table Value Amount Present Value Option 2 Annual payments 0

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