Your brother-in-law offers you a deal. He is offering an investment opportunity that pays you $100 every
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Your brother-in-law offers you a deal. He is offering an investment opportunity that pays you $100 every quarter (end of the quarter) for the next 30 years. This investment costs $6,500. If the interest rate at the moment is 5% p.a. compounded quarterly, is this a good investment?
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