You have just taken out a five-year loan from a bank to buy an engagement ring. The ring costs $8,000. You plan to put down $1,000 and borrow $7,000. You will need to make annual payments of $1,100 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 0 1 2 3 4 5 1 $1,100 Cash Flow - $1,000 $1,100 $1,100 $1,100 $1,100 OB. Year 0 1 2 5 3 + - $1,100 4 + - $1,100 Cash Flow $7,000 - $1,100 - $1,100 - $1,100 O C. Year 0 1 3 4 5 2 1 - $1,100 + - $1,100 + - $1,100 Cash Flow $8,000 - $1,100 - $1,100 D. Year 0 1 2 3 4 5 Cash Flow - $7,000 $1,100 $1,100 $1,100 $1,100 $1,100