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

Algebra ->  Finance -> 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      Log On