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 9.0% ? a. $10,207 b. $9,100 c. $11,543 d. $7,231 e. $7,881

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