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Question 1 of 4 General Computers Inc. purchased a computer server for $59.000. It paid 25.00% of the value as a down payment and received
Question 1 of 4 General Computers Inc. purchased a computer server for $59.000. It paid 25.00% of the value as a down payment and received a loan for the balance at 4.50% compounded semi-annually. It made payments of $2.400.27 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 Payment Number Payment Interest Portion Principal partie Principal Balance 0 20.00 SUBMIT QUESTION SAVE PROGRESS SUOMASSINS ANG Clase Date: Sun, Nov 1, 2020 11:59 PM uestions cuestion 1 (6) Question 2 (8) Question 1 of 4 b. Fill in the partial amortization schedule for the loan, rounding your answers to two decimal places. Question 3 (3) Question 4 (5) Payment Number Payment Interest Portion Principal Portion Principal Balance D $44,250.00 1 2 SUBMIT QUESTION SAVE PROGRESS SUBMIT ASSIGNME 2 .. 0.00 Total SUBMIT QUESTION SAVE PROGRESS
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