Otto Co. borrows money on April 30, 2016, by promising to make four payments of $13,000 each on November 1, 2016; May 1, 2017; November 1, 2017; and May 1, 2018. (PV of $1, FV of $1, PVA of $1, and FVA of $1 (Use appropriate factor(s) from the tables provided. Round your answers to nearest whole dollar. Round "Table Factor" to 4 decimals.) 1. How much money is Otto able to borrow if the interest rate is 8%, compounded semiannually? Answer is complete but not entirely correct. Periodic Table Factor Cash Flow Present Value 13,000 39,020.0000x 50.726 x 2. How much money is Otto able to borrow if the interest rate is 12 %, compounded semiannually? Periodic Cash Flow Table Factor Present Value 3. How much money is Otto able to borrow if the interest rate is 16 %, compounded semiannually? Periodic Cash Flow Table Factor Present Value