Question $2$ of $3$

General Computers Inc. purchased a computer server for $$75,000.$ It paid $40\mathrm{.}00\%$ of the value as a down payment and received a loan for the balance at $7\mathrm{.}00\%$ compounded semi$-$annually. It made payments of $$2,050\mathrm{.}18$ at the end of every quarter to settle the loan.

a$.$ How many payments are required to settle the loan?

payments