Rt is about to loan his granddaughter cynthia $10,000 for 1 year. rt’s tvom, based upon his current investment earnings, is 12%, and he has no desire to loan money for a lower rate. cynthia is currently earning 8% on her investments, but they are not easily available to her, and she is willing to pay up to $1,000 interest for the 1-year loan
a. should they be able to successfully negotiate the terms of this loan?
Answers: 3
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Rt is about to loan his granddaughter cynthia $10,000 for 1 year. rt’s tvom, based upon his current...
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