You Sold Your Motorcycle and Accepted a Note with the Following

question 132

Multiple Choice

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%?

• A) $5,987
• B) $6,286
• C) $6,600
• D) $6,930
• E) $7,277

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Definitions:

Enantiomeric Excess

A measurement of the purity of an enantiomer in a mixture, defined as the difference in percentage between the two enantiomers.

Diastereomers

Stereoisomers which aren't each other's mirror reflections and possess distinct physical characteristics.

Geometric Isomers

Molecules with the same molecular formula and sequence of bonded atoms (constitution), but differing in the three-dimensional orientations of their atoms in space.

(E)-2-pentene

An alkene with the formula CH3CH=CHCH2CH3 where the two substituents on the double bond are on opposite sides, denoted by the (E) configuration.