Use the Figure for the Question(s) Below

question 53

Multiple Choice

Use the figure for the question(s) below.
-Which of the following statements regarding the timeline is false?

• A) Date 1 is one year from now.
• B) The $5,000 below date 1 is the payment you will receive at the end of the first year.
• C) The $5,000 below date 2 is the payment you will receive at the beginning of the second year.
• D) Date 0 represents today.