installment note, with semiannual interest payments. 1) Calculate the amount of each payment using the PMT function. 2) Prepare the amortization schedule for the loan. Enter a valid Excel formula or function in each of the yellow cells below. Formulas must refer to cell address(es). Entering a value will be marked as incorrect. Loan amount Term (years) Annual interest % Payments per year $50,000 10% 2 1) What is the amount of each semiannual loan payment?. The PMT function must be used, and formula must return a positive value. 2) Complete the amortization schedule for this note. All formulas must return a positive value. $9,851 Semiannual Interest Period 1 Beginning Balance Debit Interest Expense Debit Notes Payable Credit Cash Ending Balance 2 3 4 5 6