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Exercise B-11 Present value with semiannual Compounding LO C1, P3 bolns Otto Co borrows money on April 30, 2016. by promising to make four payments

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Exercise B-11 Present value with semiannual Compounding LO C1, P3 bolns Otto Co borrows money on April 30, 2016. by promising to make four payments of $20,000 each on November 1, 2016. May 1, 2017 November 1, 2017 and May 1, 2018 EV 1. Vo S1 PVA 51 and FVASD) (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 rates 2 compounded semiannually? Porlodi Cash tatto sarson Present Value

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