You have just taken out a five$-$year loan from a bank to buy an engagement ring. The ring costs $$6,000.$ You plan to put down $$1,600$ and borrow $$4,400.$ You will need tc

the bank's perspective?

Show the timeline of the loan from your perspective. $($Select the best choice below.$)$

A$.$ Year

B$.$ Year

C$.$ Year

$D.$ Year $0,1,2,3,4,5$

Cash Flow $$6,000,-$$$1,150,-$$$1,150,-$$$1,150,-$$$1,150,-$$$1,150$

Year $0,1,2,3,4,5$

Cash Flow $$6,000,-$$$1,150,-$$$1,150,-$$$1,150,-$$$1,150,-$$$1,150$

$0$

Cash Flow

$0$

$1$

Cash Flow

$$4,400$

$-$$$1,150$

$-$$$1,150$

$2$

$3$

$0$

$1$

Cash Flow

$-$$$1,600$

$$1,150$

$$1,150$

$$1,150$

$$1,150$

$$1,150$