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