Whose Cash Flow Is Best Described by the Timeline Shown

question 100

Multiple Choice

Whose cash flow is best described by the timeline shown below?

• A) Joe, who puts down $3,500 to buy a car, and then makes annual payments of $1,000
• B) Harry, who borrows $3,500, and then receives an annual payment of $1,000
• C) Karen, who loans a friend $3,500, which friend then pays back the loan in four annual installments of $1,000
• D) Leo, who borrows $3,500, and then pays back the loan in four annual payments of $1,000

---

Definitions:

Core Critical Thinking Skills

Essential skills in critical thinking, including analyzing, evaluating, inferring, explaining, and self-regulating abilities.

Others

People or things that are distinct from the subject or category currently being discussed or mentioned.

Cognitive Maturity

The stage of mental development where individuals are capable of making reasoned decisions, understanding abstract concepts, and reflecting on their thoughts and actions.

Black and White

A metaphorical expression used to describe situations that are viewed in terms of clear, stark oppositions or contrasts, without acknowledging grey areas.