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  3. compute the amount that can be borrowed under each

Compute the amount that can be borrowed under each of the following circumstances: (PV of...

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Accounting

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Compute the amount that can be borrowed under each of the following circumstances: (PV of \$1, FV of \$1, PVA of \$1, and FVA of \$1) (Use appropriate factor(s) from the tables provided. Round your "Table value" to 4 decimal places.) 1. A promise to repay $99,000 six years from now at an interest rate of 7%. 2. An agreement to make three separate annual payments of $16,000, with the first payment occurring 1 year from now. The annual. interest rate is 8%

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