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If you have 1 million dollars and want to invest them all for 1 0 years. There are two investment choices: ( 1 ) The
If you have million dollars and want to invest them all for years. There are two investment choices: The interest rate in the first year is percent, and the annual interest rate from the second year to the tenth year is percent. The annual interest rate over years is percent. Which investment is better and why?
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