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 S1. EV of S1. PVA of S1. and EVA of \$1) (Use approptiate foctor(s) from the tables provided. Round your "Table value" to 4 decimal places.) 1. A promise to repay $90,000 seven years from now at an interest rate of 6% 2. An agreement made on February 1, 2016, to make three separate payments of $20,000 on February 1 of 2017,2018 , and 2019 . The annual interest tate is 10%. p=[1(1+i)n1]/i TABLE B.3* Present Value of an Annuity of 1