Question
Nestor is building a new swimming pool for $15000. He makes a$3000 down payment and his builder gives him an add on loan charging him
Nestor is building a new swimming pool for $15000. He makes a$3000 down payment and his builder gives him an add on loan charging him an annual interest rate of 8.8%. If he takes a 6 year loan, what will Nestor's monthly payment be?
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
