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 11 0 0 1 2 3 4 CFs $0 $1,000 $2,000 $2,000 $2,000 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 11 0

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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 11.0%?

	0	1	2	3	4
CFs:	$0	$1,000	$2,000	$2,000	$2,000

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 11.0%?

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