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3. RT is about to loan his granddaughter Cynthia $20,000 for 1 year. RTs TVOM, based upon his current investment earnings, is 12%, and he has no desire to loan money for a lower rate. Cn n win tay up to $2.00 interst for the l year loan. (a) Should they be able to successfully negotiate the terms of this loan? (b) If so, what range of paybacks would be mutually satisfactory? If not, how many dollars of is each person from reaching an agreement?
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No succesfully , as ; om 0-12 +henhu muit be earning 20000× wheve as if he grar |son Where as Grand daishter of RT must pai aeos anaareemen then Rィs Sva nd daughter 4400 PE CfAMoo From reaching an a5cemert

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