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Your friend told you about a new real estate fonds that you should absolutely consider when investing money in the future. You would have to

Your friend told you about a new real estate fonds that you should absolutely consider when investing money in the future. You would have to pay a monthly fee of $100 and could receive a monthly compounding interest rate of 0.5%. You receive a one time payment when the fonds is due. Given this information, should you invest in the fonds? (4 Points)

Invest in the fonds!

Better invest in other opportunities!

We do not have enough information for a well educated decision.

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