Question
Nestor is building a new swimming pool for $ 13,000 . He makes a $ 2,000 down payment and the builder gives him anadd-on loan,
Nestor is building a new swimming pool for $13,000. He makes a $2,000 down payment and the builder gives him anadd-on loan, charging him an annual interest rate of 7.1%. If he takes a 4-year loan, what willNestor's monthly paymentsbe?
(Round to the nearest cent.)
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Advanced Financial Accounting
Authors: Richard Lewis, David Pendrill
7th Edition
0273658492, 978-0273658498
