Question: your answer is incorrect please find correct answer General Computers Inc. purchased a computer server for $65,500. It paid 35.00% of the value as a

 your answer is incorrect please find correct answer General Computers Inc.

purchased a computer server for $65,500. It paid 35.00% of the value

as a down payment and received a loan for the balance at

your answer is incorrect please find correct answer

General Computers Inc. purchased a computer server for $65,500. It paid 35.00% of the value as a down payment and received a loan for the balance at 7.50% compounded semi-annually. It made payments of $2,550.87 at the end of every quarter to settle the loan. a. How many payments are required to settle the loan? 21 payments Round up to the next payment b. Fill in the partial amortization schedule for the loan, rounding your answers to two decimal places. do Idion Schedule for the loan, rounding your answers to two decimal places. Payment Interest Portion Payment Number Principal Portion Principal Balance 0 $42,575.00 $2.550.87 $154,873.00 $42,575.00 $40.822.41 1 $2.550.87 $1,548.73 $40,822.41 $39,036.96 2 > 20 $2,550.87 $56.48 $2,494.39 $408.49 21 $153.07 $153.07 $408.49 0.00 $51,544.84 Total $8,969.84 42,575

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