You sold your motorcycle and accepted a note with the following cash flow stream as...
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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%? Cash Flows: year 0: $0, Year 1: $1,100, Year 2: $2,000, Year 3: $2,000, Year 4: $2,000. (Show Work in Excel)
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