Question: 23. You sold a car and accepted a note with the following cash flow stream as your payment. What was the effective price you received

23. 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 6.0%? Years: 0 2 4 CFs: SO $1,000 $2,000 $2,000 $2,000 a $5,987 b. S6,286 c. $6,600 d. $6,930 e. $7,277

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