IDNLearn.com is designed to help you find accurate answers with ease. Ask your questions and receive detailed and reliable answers from our experienced and knowledgeable community members.

Mary deposited R25 000 into a savings account with an interest rate of 18% p.a.,
compounded monthly. Mary withdrew R8 000 from the account 2 years after
depositing the initial amount. She deposited another R4 000 into this account 3½
years after the initial deposit. What amount will Mary have 5 years after making the
initial deposit in this account?