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ou have just taken out a five year loan from a bank to buy an engagement ring The ring costs $5,000. You plan to put

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ou have just taken out a five year loan from a bank to buy an engagement ring The ring costs $5,000. You plan to put down $1,000 and borrow $4,000 You will need to make annual payments of S1,000 at the end of each year Show the timeline of the loan from your perspective. How would the timeline differ if you created it from the bank's perspective? Show the timeline of the loan from your perspective. (Select the best choice below O A. Year 012345 Cash Flow-$4,000 $1,000 $1,000 $1,000 $1,000 $1,000 O B. Year Cash Flow $4,000$1,000$1,000 -$1.000 -$1,000 $1,000 O C. Yeat Cash Flow $5,000 $1.000 1,000 -$1,000-$1.0001,000 O D. Year Cash Flow -$1,000$1.,000$1.000$1,0001,000 1.000

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