To start a business, you consider borrowing money today from a bank. The bank offers loan at an interestrate of $5\%$ per year. Considering the prospect of business, you expect to make the following payments fornext five years to repay the loan.Year $12345$Cash flow $$0$ $$80,000$ $$90,000$ $$95,000$ $$100,000$a$)$ What is the present value $($value today$)$ of all these payments?b$)$ How much can you borrow today from the bank?c$)$ What is the value of the payments at the end of year