General Computers Inc. purchased a computer server for $64,000. It paid 40.00% of the value as a down payment and received a loan for the balance at 6.00% compounded semi-annually. It made payments of $2,400.59 at the end of every quarter to settle the loan. a. How many payments are required to settle the loan? payments e Round up to the next payment Payment Interest Portion Payment Number Principal Portion Principal Balance $38,400.00 1 HO 10 3 2 N E :: E: T! e E E 0.00 E 3 E E Total E E