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You Sold a Car and Accepted a Note with the Following

question 75

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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 7.0%? 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 7.0%?   ​ A)  $5,081 B)  $5,840 C)  $5,723 D)  $6,716 E)  $6,424


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