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Managerial Accounting Check my work 9 Compute the amount that can be borrowed under each of the following circumstances: (PV of $1, FV of $1,

Managerial Accounting

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Check my work 9 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 appropriate factor(s) from the tables provided. Round your "Table value" to 4 decimal places.) 2.24 1. A promise to repay $99,000 eight years from now at an interest rate of 8%. points 2. An agreement made on February 1, 2019, to make three separate payments of $17,000 on February 1 of 2020, 2021, and 2022. The annual interest rate is 1%. eBook Option 1 Table Value Amount Present Value Loan amount $ 99,000 $ 0 Hint Option 2 Table Value Amount Present Value Annual payments $ 17,000 0 Print References

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