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 of12.0%?

0

1

2

3

4

CFs:

$0

$1,000

$2,000

$2,000

$2,000

Group of answer choices

$5,182

$4,715

$6,063

$4,094

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