Question: all parts please C C 13 6.25 points Exercise B-13 (Algo) Present value of an amount and of an annuity LO P1, P3 Compute the
C C 13 6.25 points Exercise B-13 (Algo) Present value of an amount and of an annuity LO P1, P3 Compute the amount that can be borrowed under each of the following circumstances: (PV of $1. FV of $1. PVA of $1. and FVA or $1) (Use appropriate factor(s) from the tables provided. Round your "Table value" to 4 decimal places.) 1. A promise to repay $95,000 five years from now at an interest rate of 7% 2. An agreement to make three separate annual payments of $29,000, with the first payment occurring 1 year from now. The annual interest rate is 4% eBook Table Value Amount Option 1 Loan amount Hint Present Value 0 Print mount Option 2 Table Value Annual payments Present Value 0 Reference
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