Tom Thompson expects to invest $20,000 at 12% and, at the end of a certain period, receive $77,920. How many years will it be before Thompson receives the payment? (PV of \$1, EV of \$1, PVA of \$1, and FVA of \$1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) On January 1, a company agrees to pay $15,000 in six years. If the annual interest rate is 3%, determine how much cash the company can borrow with this agreement. (PV of \$1. FV of \$1. PVA of \$1, and EVA of \$1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.)