SOLUTION: Carson paid $12,700 to build an addition on his house. He paid $4000 up front, and financed the rest for 4 years at an annual interest rate of 9.9 percent. Find the monthly payment

SOLUTION: Carson paid $12,700 to build an addition on his house. He paid $4000 up front, and financed the rest for 4 years at an annual interest rate of 9.9 percent. Find the monthly payment

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