please explain

A) Setup an amortization schedule for a $96,000 loan, to be repaid in 3 years with semiannual payments at an interest rate of 8% compounded semiannually. B) In Capital budgeting, payback period was one of the criteria discussed in making the decision to accept a project or not; explain how payback period is calculated, what is the decision rule, what are the problems associated with using the payback period and few of its advantages