Nestor is building a new swimming pool for style=”color:rgb(0,0,0);background-color:transparent;”>$13,000. He makes a $2,000 down payment and the builder gives him an add-on loan, charging him an annual interest rate of 7.1%. If he takes a 4-year loan, what will Nestor’s monthly payments be? (Round to the nearest cent.)
Nestor is building a new swimming pool for
style=”color:rgb(0,0,0);background-color:transparent;”>$13,000. He makes a $2,000 down payment and the builder gives him an add-on loan, charging him an annual interest rate of 7.1%. If he takes a 4-year loan, what will Nestor’s monthly payments be?
(Round to the nearest cent.)
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