solve

Seve Royers was walling in the woods where he found a hammer it was very heavy, but bo was able to purk it up and sell it on Bbay. He accepted a note with the following cash flow stream as his paryment from a very polite Nordic-like lookmg man. What was the efloctrve price Steve received for the hammer assumung an interest rate of 11.0% ? a. $4,455 b. $4,296 C. $6,312 d. $4,668 e. 55,304