On January $1,2024$ the Bre Company borrows $$60,000$ cash by signing a $2-$year, $12\%,$ installment note,

with quarterly 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.

What is the amount of each quarterly loan payment?. The PMT function must be

used, and formula must return a positive value.

Complete the amortization schedule for this note. All formulas must return a positive value.On January $1,2024$ the Bre Company borrows $$60,000$ cash by signing a $2-$year, $12\%,$ installment note, with quarterly 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.