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Perpetutities. A local bank adverties the following deal: Pay us $100 a year for 10 years an then we will pay you (or your beneficiaries)

Perpetutities. A local bank adverties the following deal: "Pay us $100 a year for 10 years an then we will pay you (or your beneficiaries) $100 a year forever". Is this a good deal if the interest rete available on other deposits is 6%?

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