Question: Please I need the correct answer What amount can be borrowed if six quarterly payments of $6,000 are made at a 20% annual rate of

Please I need the correct answer

What amount can be borrowed if six quarterly payments of $6,000 are made at a 20% annual rate of interest? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.)

Multiple Choice

$72,000.00

$40,811.40

$30,454.20

$39,834.40

$60,000.00

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