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You currently have a one-year-old loan outstanding on your car. You make monthly payments of $700. You have just made a payment. The loan has
You currently have a one-year-old loan outstanding on your car. You make monthly payments of $700. You have just made a payment. The loan has four years to go (ie., it had an original term of five years) Show the timeline from your perspective. How would the timeline differ if you created it from the bank's perspective? B Show the timeline from your perspective. (Select the best choice below.) OA. Month 0 1 2 3 4 60 - 1 Cash Flow $700 $700 $700 $700 $700 $700 B. Month 0 1 2 60 4 3 - - $700 Cash Flow - $700 $700 - $700 $700 == $700 48 4 0 2 3 1 OC. Month 1 T $700 - $700 - $700 $700 $700 Cash Flow 48 2 3 4 0 OD. Month $700 $700 $700 $700 $700 Cash Flow
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