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Mathematics, 27.10.2021 17:30 lberries08
You plan to borrow $1000 from a bank. In exchange for $1000 today, you promise to pay $1080 in one year. What does the cash flow timeline look like from your perspective? What does it look like from the bank’s perspective?
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You plan to borrow $1000 from a bank. In exchange for $1000 today, you promise to pay $1080 in one y...
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