You plan to borrow $ 3 comma 000$3,000 from a bank. In exchange for $ 3 comma 000$3,000 today, you promise to pay $ 3 comma 210$3,210 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? (Select the best choice below.)

There are no options included in the question, but the answers should include something like:

cash flow timeline from my perspective:

today (or year 0)                       $3,000

year 1                                         -$3,210

cash flow timeline from the bank's perspective:

today (or year 0)                      -$3,000

year 1                                          $3,210

Today (year 0) you will receive $3,000, so your cash inflow will be $3,000. On the other hand, the bank will give you the money, so they have a cash outflow of -$3,000.

In one year when you payback the loan, your cash outflow will be -$3,210, but the bank's cash inflow will be $3,210.

dez nutz lol

explanation: