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Question : Time Value Of Money John will receive 5000 in one year from now , Once he gets that money he wants to put

Question : Time Value Of Money

John will receive 5000 in one year from now , Once he gets that money he wants to put it into a 12 year savings scheme which would give him a rate of 7% for 12 years

What is going to be the amount that John .will receive from this 12 year savings plan?

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