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10-02-2021
Mathematics

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If John invests the $1,000 he receives today at an interest rate of 4.8% compounded monthly, in one year the investment will be worth how much?

When John receives $1,000 a year from now, the $1,000 he invested today will be worth how much more than the $1,000 he receives in the future?

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first13 first13

10-02-2021

First you have to do 12x1200 then the answer is 9999

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