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Otto Co . borrows money on April 3 0 , 2 0 1 9 , by promising to make four payments of $ 2 6

Otto Co

.

borrows money on April

30, 2019,

by promising to make four payments of $

26, 000

each on November

1, 2019

; May

1, 2020

; November

1, 2020

; and May

1, 2021 . (

PV of $

1,

FV of $

1,

PVA of $

1,

and FVA of $

1)

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