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Exercise B-13 Present value of an amount and of an annuity LO P1, P3 Compute the amount that can be borrowed under each of the

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Exercise B-13 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 $1. EV_E$J. PVA of $1. and EVA of 5.1) (Use appropriate factor(s) from the tables provided. Round your "Table volue" to 4 decimal places.) 1. A promise to repay $95.000 six years from now at an interest rate of 8% 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 4% Table Value Option 1 Loan amount Amount Present Value $ Table Value Amount Present Value Option 2 Annual payments

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