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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
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 $99,000 six years from now at an interest rate of 9%. 2. An agreement made on February 1, 2019, to make three separate payments of $13,000 on February 1 of 2020, 2021, and 2022. The annual interest rate is 6% Option 1 Amount Table Value Present Value $ Loan amount 0 Option 2 Table Value Amount Present Value Annual payments 7 of 8 4= ch 10/
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