Question: You plan to borrow $ 3 comma 0 0 0 from a bank. In exchange for $ 3 comma 0 0 0 today , you

You plan to borrow $3 comma 000 from a bank. In exchange for $3 comma 000today, you promise to pay $3 comma 390 in one year. What does the cash flow timeline look like from your perspective? What does it look like from the bank's perspective?
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Part 1
What does the cash flow timeline look like from your perspective?(Select the best choice below.)
A.
The timeline starts at Period 0 and ends at Period 1. The timeline shows a cash flow of minus 3,390 dollars in Period 0 and 3,000 dollars in Period 1.
Period01
Cash Flowsnegative $ 3,3903,000
B.
The timeline starts at Period 0 and ends at Period 1. The timeline shows a cash flow of minus 3,000 dollars in Period 0 and 3,390 dollars in Period 1.
Period01
Cash Flowsnegative $ 3,000$ 3,390
C.
The timeline starts at Period 0 and ends at Period 1. The timeline shows a cash flow of 3,390 dollars in Period 0 and minus ~OV dollars in Period 1.
Period01
Cash Flows$ 3,390negative $ 3,000
D.
The timeline starts at Period 0 and ends at Period 1. The timeline shows a cash flow of 3,000 dollars in Period 0 and minus 3,390 dollars in Period 1.
Period01
Cash Flows$ 3,000negative $ 3,390
Part 2
What does it look like from the bank's perspective?(Select the best choice below.)
A.
The timeline starts at Period 0 and ends at Period 1. The timeline shows a cash flow of minus 3,000 dollars in Period 0 and 3,390 dollars in Period 1.
Period01
Cash Flowsnegative $ 3,000$ 3,390
B.
The timeline starts at Period 0 and ends at Period 1. The timeline shows a cash flow of 3,000 dollars in Period 0 and minus 3,390 dollars in Period 1.
Period01
Cash Flows$ 3,000negative $ 3,390
C.
The timeline starts at Period 0 and ends at Period 1. The timeline shows a cash flow of minus 3,390 dollars in Period 0 and 3,000 dollars in Period 1.
Period01
Cash Flowsnegative $ 3,3903,000
D.
The timeline starts at Period 0 and ends at Period 1. The timeline shows a cash flow of 3,390 dollars in Period 0 and minus ~OV dollars in Period 1.
Period01
Cash Flows$ 3,390negative $ 3,000

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