Question: 1,2 and 3 please and what table Exercise B-11 Present value with semiannual Compounding LO C1, P3 Otto Co. borrows money on April 30, 2019,
Exercise B-11 Present value with semiannual Compounding LO C1, P3 Otto Co. borrows money on April 30, 2019, by promising to make four payments of $21,000 each on November 1, 2019 May 1 2020, November 1, 2020, and May 1 2021 (PV of S1. Ey of S1. PVA of S1, and FVA OS1) (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 of the interest rate is 10%, compounded semiannually? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 How much money is Otto able to borrow if the interest rate is 4%, compounded semiannually? Periodic Cash Flow $ 21.000 x Table Factor Present Value 3.6299 = 15 76.228 Required 2 >
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