A person wants to deposit 5000 yuan in a bank for 3 years. There are two ways to choose:
(1) deposit it in a lump sum and withdraw it after the maturity of 3 years (the interest rate of the three-year savings deposit is 10.8%).
(2) The deposit lasts for one year, and the deposit and deposit are made once a year. The deposit can be withdrawn when it matures three years later (the interest rate of one-year savings deposit in the bank is 7.5%).
Which is better for them?
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