A Lender Lends $10,000, Which Is to Be Repaid in Annual

Multiple Choice

A lender lends $10,000, which is to be repaid in annual payments of $2000 for 6 years. Which of thefollowing shows the timeline of the loan from the lender's perspective?

A) $\begin{array} { | l | l | l | l | l | l | } \hline \text { Year 1 } & \text { Year 2 } & \text { Year 3 } & \text { Year 4 } & \text { Year 5 } & \text { Year 6 } \\\hline 0 & \$ 2000 & \$ 2000 & \$ 2000 & \$ 2000 & \$ 2000 \\\hline\end{array}$
B) $\begin{array} { | l | l | l | l | l | l | } \hline \text { Year 1 } & \text { Year 2 } & \text { Year 3 } & \text { Year 4 } & \text { Year 5 } & \text { Year 6 } \\\hline - \$ 10,000 & \$ 2000 & \$ 2000 & \$ 2000 & \$ 2000 & \$ 2000 \\\hline\end{array}$
C) $\begin{array} { | l | l | l | l | l | l | l | } \hline \text { Year 0 } & \text { Year 1 } & \text { Year 2 } & \text { Year 3 } & \text { Year 4 } & \text { Year 5 } & \text { Year 6 } \\\hline - \$ 10,000 & \$ 2000 & \$ 4000 & \$ 6000 & \$ 8000 & \$ 10,000 & \$ 12,000 \\\hline\end{array}$
D) $\begin{array} { | l | l | l | l | l | l | l | } \hline \text { Year 0 } & \text { Year 1 } & \text { Year 2 } & \text { Year 3 } & \text { Year 4 } & \text { Year 5 } & \text { Year 6 } \\\hline - \$ 10,000 & \$ 2000 & \$ 2000 & \$ 2000 & \$ 2000 & \$ 2000 & \$ 2000 \\\hline\end{array}$