Exercise B-11 (Algo) Present value with semiannual Compounding LO C1, P3 Otto Co, borrows money on April 30, 2021, by promising to make four payments of $28,000 each on November 1, 2021: May 1, 2022 November 1, 2022 and May 1, 2023. PV of $1. Ev Of S1 PVA of S1, and EVA of S1) (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 semlannually? 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. Required 1 Required 2 Required How much money is Otto able to borrow if the interest rate is 4%, compounded semiannually? Periodic Cash Flow Table Factor Present Value Required 2 >