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%?
Years: 0 1 2 3 4
Cash Flows: $0 $1,000 $2,000 $2,000 $2,000
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Home » Business » 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%? Years: 0 1 2 3 4 Cash Flows: $0 $1,000 $2,000 $2,000 $2,000