Otto Company borrows money on January 1 and promises to pay it back in four semiannual payments of $18,000 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) Note: 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? Answer is complete but not entirely correct. 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 semiannually? Otto Company borrows money on January 1 and promises to pay it back in four semiannual payments of $18,000 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) Note: 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? Answer is complete but not entirely correct. 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? Otto Company borrows money on January 1 and promises to pay it back in four semiannual payments of $18,000 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) Note: 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? * Answer is complete but not entirely correct. 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