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You save and invest money in each of the next 12 months beginning with $100 in 1 month from today. The amount you save and

You save and invest money in each of the next 12 months beginning with $100 in 1 month from today. The amount you save and invest grows by 1% per month. How much will you have at the end of the year if the money is invested at an annual rate of 4%?
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