(Solved): this is all 1 question, theres just three parts to it Exercise B-11 (Algo) Present value with semia ...

Exercise B-11 (Algo) Present value with semiannual Compounding LO C1, P3 Otto Company borrows money on January 1 and promises to pay it back in four semiannual payments of $\$30,000$ each on June 30 and December 31 of both this year and next year. (PV of \$1, FV of \$1. PVA of \$1, and EVA of \$1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) 1. How much money is Otto able to borrow if the interest rate is $4\%$, compounded semiannually? 2. How much money is Otto able to borrow if the interest rate is $8\%$, compounded semiannually? 3. How much money is Otto able to borrow if the interest rate is $10\%$, compounded semiannually? Complete this question by entering your answers in the tabs below. How much money is Otto able to borrow if the interest rate is $4\%$, compounded semiannuaily? Exercise B-11 (Algo) Present value with semiannual Compounding LO C1, P3 Otto Company borrows money on January 1 and promises to pay it back in four semiannual payments of $\$30,000$ each on June 30 and December 31 of both this year and next year. (PV of \$1, FV of \$1, PVA of \$1, and FVA of \$1) (Use appropriate factor(s) from the tables provided, Round "Table Factor" to 4 decimal places.) 1. How much money is Oto able to borrow if the interest rate is $4\%$, compounded semiannually? 2. How much money is Otto able to borrow if the interest rate is $8\%$, compounded semiannually? 3. How much money is Otto able to borrow if the interest rate is $10\%$, compounded semiannually? Complete this question by entering your answers in the tabs below. How much money is otto able to borrow if the interest rate is $8\%$, compounded semiannually? Exercise B-11 (Algo) Present value with semiannual Compounding LO C1, P3 Otto Company borrows money on January 1 and promises to pay it back in four semiannual payments of $\$30,000$ each on June 30 and December 31 of both this year and next year. (PV of \$1, FV of \$1, PVA of \$1, and EVA of \$1) (Use appropriate factor(s) from the tables provided, Round "Table Factor" to 4 decimal places.) 1. How much money is Otto able to borrow if the interest rate is $4\%$, compounded semiannually? 2. How much money is Otto able to borrow if the interest rate is $8\%$, compounded semiannually? 3. How much money is Otto able to borrow if the interest rate is $10\%$, compounded semiannually? Complete this question by entering your answers in the tabs below. How much money is otto able to borrow if the interest rate is $10\%$, compounded semiannually?