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Otto Company borrows money on January 1 and promises to pay it back in four semiannual payments of $27,000 each on June 30 and December 31 of both this year and next year. (PV of S1. EV of \$1, PVA of S1. and EVA of \$1) (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 2%, compounded semiannually? 2. How much money is Otto able to borrow if the interest rate is 6%, compounded semlannually? 3. How much money is Otto able to borrow if the interest rate is 8%, compounded semiannually? Complete this question by entering your answers in the tabs below. How much money is Otto able to borrow if the interest rate is 2%, compounded semiannually? Otto Company borrows money on January 1 and promises to pay it back in four semiannual payments of $27.000 each on June 30 and December 31 of both this year and next year. (PV of S1. EV of S1. PVA of \$1, and EVA of \$1) (Use appropriate foctor(s) from the tables provided. Round "Table Factor" to 4 decimal ploces.) 1. How much money is Otto able to borrow if the interest rate is 2%, compounded semiannually? 2. How much money is Otto able to borrow if the interest rate is 6%, compounded semiannually? 3. How much money is Otto able to borrow if the interest rate is 8%, compounded semiannually? Complete this question by entering your answers in the tabs below. How much money is otto able to borrow if the interest rate is 6%, compounded semiannually? Otto Company borrows money on January 1 and promises to pay it back in four semiarinual payments of $27,000 each on. June 30 and December 31 of both this year and next year. (PV of \$1. EV of \$1. PVA of S1, and EVA of \$1) (Use appropriate foctor(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 2%, compounded semiannually? 2. How much money is Otto able to borrow if the interest rate is 6%, compounded semiannually? 3. How much money is Otto able to borrow if the interest rate is 8%, compounded semiannually? 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