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You have just taken out a five-year loan from a bank to buy an engagement ring. The ring costs $6,000. You plan to put down

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You have just taken out a five-year loan from a bank to buy an engagement ring. The ring costs $6,000. You plan to put down $1,200 and borrow $4,800. You will need to make annual payments of S1,200 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? O A. Year Cash Flow $6,000 - $1,200 -$1,200 $1,200 - $1,200 - $1,200 OB. Year 0 2 3 5 $1,200 $1.200 $1.200 $1.200 $1.200 Cash Flow - $1,200 OC Year 0 2 3 5 Cash Flow - 54,800 $1.200 $1,200 $1,200 $1,200 $1.200 OD. Year 0 1 2 3 ne Cash Flow $4.800 -$1,200 -81,200-$1,200-$1,200-51,200 How would the timeline other if you created it from the bank's perspective? (Select the best choice below) ng O A Year nn $1.200 Cash Flow - $4,800 OB Year $1.200 $1,200 $1,200 $1,200 cal dur 5 $1,200 39.200 $1,200 $1.200 Cash Flow -51.200 OC Your 0 $1,200 $1,200 -$1.200 Cash Flow $4800 OD. You $1.200 $1.200 $1,200 S&P Cash Flow 56.000 - 31,200 31.200 -$1.200 -$1,200 - $1.200 Je reti Click to select your answer for the

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