ix B Homework UUTUULUNMx.htmlcon-conexternal browser-banchel-http%253A%252F%25aeducation.cfmid Saved 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 EV of St. PVALS and EVA LSD (Use appropriate factor(s) from the tables provided. Round your "Table value" to 4 decimal places.) 1. A promise to repay $100,000 six years from now at an interest rate of 6% 2. An agreement made on February 1, 2021, to make three separate payments of $15,000 on February 1 of 2022 2023, and 2024 The annual interest rate is 9%. Option 1 Table Value Amount Present Value Loan amount $ Option 2 Table Value Amount Present Value Annual payments $ Help Save & Exit Subma Check my work