Earning Interest: Low and Long-lasting vs High and Temporary
Would you make an investment with returns of 10% return for 1 year, or 5% for 2 years? With $1000, the two scenarios work out to… 10% earns $100 after year 1, or $1100 total. 5% earns $50 after year 1, $1102.50 after two years. With scenario 1, you get a great return that doesn’t …
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