Question
You sold your motorcycle and accepted a note with the following cash flow stream as your payment. What was the effective price you received for
| You sold your motorcycle 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 6.0%? Cash Flows: year 0: $0, Year 1: $1,100, Year 2: $2,000, Year 3: $2,000, Year 4: $2,000. (Show Work in Excel) | |||||||||||||
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The Complete Direct Investing Handbook
Authors: Kirby Rosplock
1st Edition
1119094712, 978-1119094715
