Question: General Computers Inc. purchased a computer server by taking a loan of $32,500 at 2.25% compounded semi-annually. It made payments of $2,350 at the end

General Computers Inc. purchased a computer server by taking a loan

of $32,500 at 2.25% compounded semi-annually. It made payments of $2,350 at

General Computers Inc. purchased a computer server by taking a loan of $32,500 at 2.25% compounded semi-annually. It made payments of $2,350 at the end of every half-year to settle the loan. a. How many payments are required to settle the loan? Round to the next payment Payment Number Payment Interest Portion Principal Portion Principal Balance $32,500 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 0.00 AA ENG

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