I guess discounting the £1,400 back to present value would suggest not.
What discount rate are you using?
I haven't bothered to do the calculation. Money in the bank doesn't actually generate anything so arguably 0% discount rate is fair.
@ChasnotRobert started
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
What discount rate are you using?