document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=382626>Question 382626</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Which is the best investment for three consecutive years?<BR>\n" );
document.write( "a. A growth of 5% followed by a growth of 10% followed by a growth of 15%<BR>\n" );
document.write( "b. A growth of 15% followed by a growth of 10% followed by a growth of 5%<BR>\n" );
document.write( "c. Three years of growth at 10% per year.\r<BR>\n" );
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document.write( "Please explain why </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #271133 by </B><A HREF=/tutors/aboutme.mpl?userid=robertb><B>robertb(5830)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=robertb><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=robertb><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=271133\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> a and b give the same growth rate after 3 years:  (1.05)*(1.10)*(1.15) = 1.32825, or 32.825%.  c gives <IMG STYLE=\"max-width:80%;\" SRC=/cgi-bin/plot-formula.mpl?expression=1.10%5E3+=+1.331 ALIGN=MIDDLE  ALT=\"1.10%5E3+=+1.331\"   DISABLED_style= \"max-width:90%; height:auto;\" >, or 33.1%.  Hence c gives the best investment. </SPAN>\n" );
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