Requirement 2 Using the present value of an ordinary annuity table, calculate the payment amount and complete the amortizatit Use the effective interest amortization method. a. Calcuiate the ioan payment by dividing the loan amount by the appropriate present value factor. b. Round values to two decimal places. Calculate the interest expense in the third year as the loan payment minus the loan balance at the begin: c. Use absolute cell references and relative cell references in formulas. Payment _using P'v' table] _13, 093 90 -m _