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Mathematics, 10.02.2021 23:20 jsharma57p7enrw

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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