Question: Checki Compute the amount that can be borrowed under each of the following circumstances: (PV of $1. FV of 51. PVA of S1, and EVA

Checki Compute the amount that can be borrowed under each of the following circumstances: (PV of $1. FV of 51. PVA of S1, and EVA of 1 (Use appropriate factor(s) from the tables provided. Round your "Table volue" to 4 decimal places.) 1. A promise to repay $92,000 eight years from now at an interest rate of 8% 2. An agreement made on February 1, 2019, to make three separate payments of $29,000 on February 1 of 2020 2021, and 2022. The annual interest rate is 9% Table Value Option 1 Loan amount Amount Present Value 920 000 $ $ 0 Table Value Amount Present Value Option 2 Annual payments 0

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