Question: 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 6.0%? Use the calculator method.

a. $7,277

b. $6,286

c. $6,930

d. $5,987

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% ? a. $7,277 b. $6.286 c. $6,930 d. $5,987

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