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this is the charts Exercise B-11 (Algo) Present value with semiannual Compounding LO C1, P3 Otto Company borrows money on April 30, 2021, by promising
this is the charts
Exercise B-11 (Algo) Present value with semiannual Compounding LO C1, P3 Otto Company borrows money on April 30, 2021, by promising to make four payments of $16,000 each on November 1, 2021; May 1, 2022; November 1, 2022; and May 1, 2023. Note: Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places. (PV of \$1, FV of \$1, PVA of \$1, and EVA of \$1) 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? 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? Exercise B-11 (Algo) Present value with semiannual Compounding LO C1, P3 Otto Company borrows money on April 30, 2021, by promising to make four payments of $16,000 each on November 1, 2021; May 1, 2022; November 1, 2022; and May 1, 2023. Note: Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places. (PV of \$1. FV of \$1, PVA of \$1. and EVA of \$1) 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? 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? f=[(1+i)n1]/i Fiture value of an Annuly of 1 p=[1(1+i)n1]/i TABLE B.3: Present Value of an Annuty of 1 TABLE B.1* p=1/(1+i)n Present Value of 1 TABLE B.2' f=(1+i)n Exercise B-11 (Algo) Present value with semiannual Compounding LO C1, P3 Otto Company borrows money on April 30, 2021, by promising to make four payments of $16,000 each on November 1, 2021, May 1, 2022; November 1, 2022; and May 1, 2023. Note: Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places. (PV of S1, EV of S1, PVA of S1. and FVA of \$1] 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? 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 Step by Step Solution
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