Question: Question 2 of 7 General Computers Inc. purchased a computer server for $54,500. It paid 30.00% of the value as a down payment and received

 Question 2 of 7 General Computers Inc. purchased a computer server

for $54,500. It paid 30.00% of the value as a down payment

and received a loan for the balance at 7.00% compounded semi-annually. It

made payments of $2,800.41 at the end of every quarter to settle

the loan. a. How many payments are required to settle the loan?

Question 2 of 7 General Computers Inc. purchased a computer server for $54,500. It paid 30.00% of the value as a down payment and received a loan for the balance at 7.00% compounded semi-annually. It made payments of $2,800.41 at the end of every quarter to settle the loan. a. How many payments are required to settle the loan? 16 payments 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 O $38,150.00 Question 2 of 7 $2,800.41 $679.45 $2,120.96 $36,029.04 1 (X X $2,800.41 $641.68 $215,873.00 $31,673.13 2 X x Question 2 of 7 : 15 $2,800.41 $2,046.20 $2,046.20 16 $2,800.41 $0.00 $0.00 0.00 W Question 2 of 7 WETTE 30 X 16 $2,800.41 $0.00 $0.00 0.00 $2,800.41 Total

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