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You plan to borrow $3000 from a bank. In exchange for $3000 today, you promise to pay $3270 in one year. What does the
You plan to borrow $3000 from a bank. In exchange for $3000 today, you promise to pay $3270 in one year. What does the cash flow timeline look like from your perspective? What does it look like from the bank's perspective? What does the cash flow timeline look like from your perspective? A. 0 1 - 3270 3000 B. 0 3270 - 3000 C. 0 1 3000 - 3270 D. 0 1 - 3000 3270
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