Question: You plan to borrow $ 5 , 0 0 0 from a bank. In exchange for $ 5 , 0 0 0 today , you

You plan to borrow
$5,000
from a bank. In exchange for
$5,000
today, you promise to pay
$5,350
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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