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 6.0%? 
Definitions:
Construct Validity
The degree to which a test measures what it claims to be measuring; it assesses the appropriateness of the inferences drawn from test results.
Graphing Calculator
A handheld calculator capable of plotting graphs, solving simultaneous equations, and performing other tasks with variables.
ACT Assessment
A standardized test for high school achievement and college admissions in the United States that evaluates English, math, reading, and science skills.
Standardised
Made uniform or consistent by applying a set of norms or standards.
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