Question: You sold your motorcycle and accepted a note with the following cash flow stream as your payment. What was the effective price you received for

You sold your motorcycle 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%? You sold your motorcycle and accepted a note with the following cash

a.

$6,930

b.

$6,600

c.

$5,987

d.

$7,277

e.

$6,286

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