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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
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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?

User Adam Joseph Looze
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First you have to do 12x1200 then the answer is 9999
User Shola
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