Question: Please answer using Excel and please include total of payment, interest portion and principal portion in the end Question 2 of 7 General Computers Inc.
Please answer using Excel and please include total of payment, interest portion and principal portion in the end




Question 2 of 7 General Computers Inc. purchased a computer server for $72,500. It paid 40.00% of the value as a down payment and received a loan for the balance at 5.00% compounded semi-annually. It made payments of $2,750.12 at the end of every quarter to settle the loan. a. How many payments are required to settle the loan? payments Round up to the next payment Question 2 of 7 b. Fill in the partial amortization schedule for the loan, rounding your answers to two decimal places. Payment Interest Portion Payment Number Principal Portion Principal Balance 0 $43,500.00 Question 2 of 7 (X 2. X C X > :: Question 2 of 7 17 18 ... . 0.00 Total
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