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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 $96,000 nine years from now at an interest rate of 9% 2. An agreement made on February 1, 2019, to make three separate payments of $20,000 on February 1 of 2020 2021, and 2022 The annual interest rate is 7%. Table Value Amount Present Value Option 1 Loan amount Table Value Amount Present Value Option 2 Annual payments

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