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

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 5.5% ? 01234CFs:$0$1,000$2,000$2,000$2,000 $6,123$6,062$5,335$5,214$5,699

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