A lender lends $18,600, which is to be repaid in annual payments of $3100 for 6 years. Which of the following shows the timeline of the loan from the lender's perspective?
A) Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
-$18,600 $3,100 $3,100 $3,100 $3,100 $3,100
B) Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
0 $3,100 $3,100 $3,100 $3,100 $3,100
C) Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
-$18,600 $3,100 $3,100 $3,100 $3,100 $3,100 $3,100
C) Year 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6
-$18,600 $3,100 $6,100 $8,100 $8,100 $9,100 $10,100
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