Help Save & Exit Submit A company borrowed cash from the bank by signing a 4-year, 10% Installment note. The present value for an annuity (series of payments) at 10% for 4 years is 3.1699. The present value of 1 single sum) at 10% for 4 years is 6830. Each annual payment equals $76,600. The present value of the note is Multiple Choice $306A0000 624480 $242.814.34, 572494 4. $112152 27.