Question: General Computers Inc. purchased a computer server for $ 7 3 , 0 0 0 . It paid 3 0 . 0 0 % of

General Computers Inc. purchased a computer server for $73,000. It paid 30.00% of the value as a down payment and received a loan for the balance at 10.00% compounded semi-annually. It made payments of $2,550.48 at the end of every quarter to settle the loan.
Schedule can be completed in Excel. No work needs to be shown for schedule entries.
a. How many payments are required to settle the loan?
payments
Round up to the next payment
b. Fill in the partial amortization schedule for the loan, rounding your answers to two decimal places.

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