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Question 4 Standard Bank advertises the following deal: Pay us R100 a year for 10 years and then we will pay you (or your beneficiaries)

Question 4 Standard Bank advertises the following deal: "Pay us R100 a year for 10 years and then we will pay you (or your beneficiaries) R100 a year forever. Is this a good deal if the interest rate available on other deposits is 6%? Show al workings. (15 Points)

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