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Is stable during the period will consider the project

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Reference no: EM132484603

Your friend is now working in an insurance company. He is prompting an investment project of his company to you:

"Our company is now offering a plan, which is a very good project. You just need to pay $3000 at the end of each month from January 2017 for ten years. Then you can get back HK$1million on 31st December 2046."

Question 1: Assume that the market interest rate is 6%p.a. and is stable during the period, will you consider the project?

Reference no: EM132484603

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