General Computers Inc. purchased a computer server for $$70,000.$ It paid $35\%$ of the

value as a down payment and received a loan for the balance at $7\%$ compounded semi$-$

annually. It made payments of $$2,000\mathrm{.}39$ 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

b$.$ Fill in the partial amortization schedule for the loan, rounding your answers to two

decimal places.