Question: make an amortization schedule also General Computers Inc. purchased a computer server for $53,000. It paid 25% of the value as a down payment and

make an amortization schedule also General Computers Inc. purchased a computer

server for $53,000. It paid 25% of the value as a down

make an amortization schedule also

General Computers Inc. purchased a computer server for $53,000. It paid 25% of the value as a down payment and received a loan for the balance at 6.5% compounded semi-annually. It made payments of $2,750.73 at the end of every quarter to settle the loan. a. How many payments are required to settle the loan? 17 payments Round up to the next payment b. Fill in the partial amortization schedule for the loan, rounding your answers to two decimal places Round up to the next payment b. Fill in the partial amortization schedule for the loan, rounding your answers to two decimal places. Payment Number Payment Interest Portion Principal Portion Principal Balance 0 $39,750 $2,750.73 $1,291.88 $1,458.85 $38,291.15 1 CHIDMIT OUESTION

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