Question 3 [10 points] On November 1, 2014 Stake Technology Inc borrowed $936.000 by signing a five-year installment note bearing interest at Complete the installment note amortization schedule for this note assuming each payment requires equal total payments Use the built-in PV functions for these calculations Enter Pin:1) in a value box to calculate the present value of S1 overn compounding periods with a penodic rate of/ Smlarly use PVA(n:) to calculate the present value of an annuity Eg the present value of $1,000 with a periodic tale of 3 and 2 compounding periods can be entered as 1000'12,3) To use the built-in PV functions to calculate the payment, the formula is Principal balance - PVA), where the number of payments and is the interest to For example, $10,000 is borrowed ty signing a four year, 5% installment note. The not requires four equal payments of accrued interest and principal Each of the foor equal payments is calculated by entering the following in the value boxe 10000 / PVA(45), which equal payments of $2.820 Equal Total Payments Table Penod Ending Begenang Balance Periodic interest Expense Reduction of Notes Payable Total Notes Payment Ending Balance October 21, 2015 October 31, 2016 October 31, 2017 October 31, 2018 October 31, 2010 Total