vvy Drive-Ins borrowed money by issuing $6,000,000 of 12% bonds payable at 97.5. Interest is paid semiannually. equirements . How much cash did Savvy receive when it issued the bonds payable? 2. How much must Savvy pay back at maturity? 3. How much cash interest will Savvy pay each six months? ODGE Requirement 1. How much cash did Savvy receive when it issued the bonds payable? Amount of cash Savvy received when the bonds payable were issued =