Formula must include the =PV function and return a positive value. this is excel project please make sure to use the excel formula.

A company borrowed money from a local bank. The note the company signed requires five annual installment payments of $12,000 not due for four years. The interest rate on the note is 7%. What amount did the comnanu borrow? Amount borrowed Formula must incude the a PN functipn and retum a POSITIVE value A company borrowed money from a local bank. The note the company signed requires five annual instaliment payments of $10,000 beginning one year from today. The interest rate on the note is 9%. What amount did the company borrow