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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)

image text in transcribed 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 approprlate factor(s) from the tables provided. Round your "Table value" to 4 declmal places.) 1. A promise to repay $96,000 three years from now at an interest rate of 9%. 2. An agreement to make three separate annual payments of $13,000, with the first payment occurring 1 year from now. The annual interest rate is 8%

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