c) You want to renegotiate the terms of the loan (which was $10 000 with 12% interest rate compounded monthly for 10 years) with the bank to try and reduce the amount of interest you have to pay. The bank will only allow you to adjust one condition (either the interest rate, time, or compounding period) Victor suggests that you negotiate the interest rate to be reduced by half (interest rate divided by 2). Is this good advice? Explain how you know (be specific and back up your answer with calculations) [5A] Ainsley suggests that you negotiate the compounding periods per year to be reduced by half (compounding periods divide by 2). Is this good advice? Explain how you know (be specific and back up your answer with calculations) [5A] Aisha suggests that you negotiate the number of years to pay back the loan to be reduced by half (divide years by 2). Is this good advice? Explain how you know (be specific and back up your answer with calculations) [5A] d) What would you choose? Why? [2T]