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

You plan to borrow
$ 3 comma 000$3,000
from a bank. In exchange for
$ 3 comma 000$3,000
today, you promise to pay
$ 3 comma 270$3,270
in one year. What does the cash flow timeline look like from your perspective? What does it look like from the bank's perspective?
Question content area bottom
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 $ 3,270 in Period 0 and $ 3,000 in Period 1.
nothing
00
11
nothing
negative $ 3,270$3,270
$ 3,000$3,000
B.
The timeline starts at Period 0 and ends at Period 1. The timeline shows a cash flow of minus $ 3,000 in Period 0 and $ 3,270 in Period 1.
nothing
00
11
nothing
negative $ 3,000$3,000
$ 3,270$3,270
C.
The timeline starts at Period 0 and ends at Period 1. The timeline shows a cash flow of $ 3,000 in Period 0 and minus $ 3,270 in Period 1.
nothing
00
11
nothing
$ 3,000$3,000
negative $ 3,270$3,270
D.
The timeline starts at Period 0 and ends at Period 1. The timeline shows a cash flow of $ 3,270 in Period 0 and minus $ 3,000 in Period 1.
nothing
00
11
nothing
$ 3,270$3,270
negative $ 3,000$3,000
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 in Period 0 and $ 3,270 in Period 1.
nothing
00
11
nothing
negative $ 3,000$3,000
$ 3,270$3,270
B.
The timeline starts at Period 0 and ends at Period 1. The timeline shows a cash flow of minus $ 3,270 in Period 0 and $ 3,000 in Period 1.
nothing
00
11
nothing
negative $ 3,270$3,270
$ 3,000$3,000
C.
The timeline starts at Period 0 and ends at Period 1. The timeline shows a cash flow of $ 3,270 in Period 0 and minus $ 3,000 in Period 1.
nothing
00
11
nothing
$ 3,270$3,270
negative $ 3,000$3,000
D.
The timeline starts at Period 0 and ends at Period 1. The timeline shows a cash flow of $ 3,000 in Period 0 and minus $ 3,270 in Period 1.
nothing
00
11
nothing
$ 3,000$3,000
negative $ 3,270$3,270
))

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