Personal collections
Mirand decides to invest some of her savings in a bank for possible rainy times. Thus, at the beginning of the calendar year, she invests € 13300 in the bank. She then decides to withdraw € 650 at the end of each year for the entire time of saving. Calculate how much money she will have left after 5 years if the bank pays interest at 4% interest rate at the annual capitalization.
money left after 5 years.
