You want to study at the Hogwarts School of Witchcraft and Wizardry after five years. You need 800800800 pieces of muggle-money to study there. You decide to deposit some pieces in the bank at an annual interest rate of 12/%12%12, percent. How many pieces should you deposit today if you want to use the total amount to pay the fees?
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Home » Mathematics » You want to study at the Hogwarts School of Witchcraft and Wizardry after five years. You need 800800800 pieces of muggle-money to study there. You decide to deposit some pieces in the bank at an annual interest rate of 12/%12%12, percent.