HELP! Desperate freshman

Hi, I'm currently a freshman right now. I recently interviewed for a boutique ib and received an offer as a capital markets intern for the summer. I thought they would pay hourly, but told me they would give me a bonus for every deal I closed and labeled me as a 1099. Would it be wise to take the offer as I am still a freshman or should I be looking for something else? I would be working 40 hours per week.

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