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7) You have just taken You plan to put down $1000 ar of S1000 at the end of each year Just taken out a four-year

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7) You have just taken You plan to put down $1000 ar of S1000 at the end of each year Just taken out a four-year loan from a bank to buy a car. The ring costs $6000. to put down $1000 and borrow $5000. You will need to make annual payments at the end of each year. Show the timeline of the loan from your perspective. ow would the timeline differ if you created it from the bank's perspective

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