Exercise B-13 (Algo) Present value of an amount and of an annuity LO P1, P3 Compute the amount that can be borrowed under each of the following circumstances: (PV of $1. Ey of S1. PVA of S1 and EVA of S1) (Use appropriate foctor(s) from the tables provided. Round your "Toble volue" to 4 decimal places.) 1. A promise to repay $97.000 seven years from now at an interest rate of 10% 2. An agreement made on February 1, 2021, to make three separate payments of $10,000 on February 1 of 2022 2023, and 2024. The annual interest rate is 10% Table Value Amount Option 1 Loan amount Present Value Table Value Amount Present Value Option 2 Annual payments