You borrowed some money at 8 percent per annum. You repay the loan by making three annual payments of $ 147 (first payment made at t = 1), followed by five annual payments of $ 473, followed by four annual payments of $ 767 . How much did you borrow? (Round your answer to 2 decimal places; record your answer without commas and without a dollar sign). Your Answer: 0 Answer 0 0 0 Question 7 (6.66 points) Compute the present value of an annuity of $ 698 per year for 16 years, given a discount rate of 7 percent per annum. Assume that the first cash flow will occur one year from today (that is, at t = 1). (Round your answer to 2 decimal places; record your answer without commas and without a dollar sign). You just won a contest. The prize is a lump sum payment of $ 81,441, however, you will not receive this payment for 28 years. Compute the present value of your prize assuming a discount rate of 15 percent per annum. (Round your answer to 2 decimal places; record your answer without commas and without a dollar sign). Your Answer: Answer Question 9 (6.66 points) Compute the present value of an annuity of $ 764 per year for 15 years, given a discount rate of 6 percent per annum. Assume that the first cash flow will occur one year from today (that is, at t = 1). (Round your answer to 2 decimal places; record your answer without commas and without a dollar sign. Your