Question: Question 5 of 8 General Computers Inc. purchased a computer server for $71,000. It paid 35% of the value as a down payment and received

Question 5 of 8 General Computers Inc. purchased a computer server

for $71,000. It paid 35% of the value as a down payment

Question 5 of 8 General Computers Inc. purchased a computer server for $71,000. It paid 35% of the value as a down payment and received a loan for the balance at 4.5% compounded semi-annually. It made payments of $2,900.23 at the end of every quarter to settle the loan. a. How many payments are required to settle the loan? Question 5 of 8 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 $46,150

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