SOLUTION: Carson paid $12,700 to build an addition on his house. He paid $3000 up front, and financed the rest for 5 years at an annual interest rate of 9.3 percent. Find the monthly payment
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-> SOLUTION: Carson paid $12,700 to build an addition on his house. He paid $3000 up front, and financed the rest for 5 years at an annual interest rate of 9.3 percent. Find the monthly payment
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Question 465330: Carson paid $12,700 to build an addition on his house. He paid $3000 up front, and financed the rest for 5 years at an annual interest rate of 9.3 percent. Find the monthly payment and total interest paid.
Carson's monthly payment is $____ (Round to the nearest cent as needed)
The total interest paid is $____ (Round to the nearest cent as needed)''. Answer by ewatrrr(24785) (Show Source):