ThatGuyFSU667 ThatGuyFSU667
  • 04-08-2020
  • Business
contestada

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%?
A. Year 0-$0.
B. Year 1-$1,000.
C. Year 2-$2,000.
D. Year 3-$2,000 and Year 4-$2,000.

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JoyfulJoy
JoyfulJoy JoyfulJoy
  • 04-08-2020

Answer:

year two

Explanation:because less time still you'll have 2,000

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