Question: General Computers Inc. purchased a computer server by taking a loan of ( $ 37,500 ) at 3.50 compounded semi-annually. It made payments of (

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

General Computers Inc. purchased a computer server by taking a loan of \$ \\$ 37,500 \$ at \3.50 compounded semi-annually. It made payments of \$ \\$ 2,450 \$ 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 b. Complete the partial amortization schedule, rounding the answers to the nearest cent

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