4. (12 points) An investment advisor tells you that he can sell (12 points) An investment advisor tells you that he can sel you an annuity that will generate $400 every quarter (i.e., 3 months) for 6 years starting 3 months from the day you purchase the annuity. You want to make a nominal 12% per year compounded monthly. The investment advisor asks for $7,500, which includes his fee of $200. Is this a good deal for you? In other words, what is the present worth of the annuity