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You sold a car and accepted a note with the following cash flow stream as your payment. What was the effective price you received for
You sold a car and accepted a note with the following cash flow stream as your payment. What was the effective price you received for the car assuming an interest rate of 7.0%? 1 $1,000 2 $2,000 3 $2,000 $2,000 0 CFs: $0 a. $5,840 b. $6,716 Oc. $6,424 Od. $5,723 Oe. $5,081
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