Question: General Computers Inc. purchased a computer server for $ 6 9 , 0 0 0 . It paid 3 0 . 0 0 % of

General Computers Inc. purchased a computer server for $69,000. It paid 30.00% of the value as a down payment and received a loan for the balance at 9.00% compounded semi-annually. It made payments of $2,550.74 at the end of every quarter to settle the loan. a. How many payments are required to settle the loan?

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