You plan to borrow

$$$$4$ comma $0004,000$

from a bank. In exchange for

$$$$4$ comma $0004,000$

$$today$,$ you promise to pay

$$$$4$ comma $2804,280$

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$$ perspective?$$