Question: General Computers Inc. purchased a computer server by taking a loan of $35,500 at 2.50% compounded semi-annually. It made payments of $2,900 at the end


General Computers Inc. purchased a computer server by taking a loan of $35,500 at 2.50% compounded semi-annually. It made payments of $2,900 at the end of every half-year to settle the loan. a. How many payments are required to settle the loan? 0 Round to the next payment b. Complete the partial amortization schedule, rounding the answers to the nearest cent. . Payment Number Payment Interest Portion Principal Portion Principal Balance 0 $35,500 $0.00 $0.00 $0.00 $0.00 1 $0.00 $0.00 $0.00 $0.00 N 0 $0.00 0 $0.00 $0.00 $0.00 $0.00 0 $0.00 $0.00 $0.00 0.00 $0.00 $0.00 0 Total
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