You have just won the lottery and decide to invest the money
MATHEMATICS · Numerical · AoPS · Mathematics · Exponents and Logarithms · Exponents and Logarithms
Problem
You have just won the lottery and decide to invest the money. Your accountant advises depositing the winnings in an account that pays 6.5% p.a., compounded annually. After four years, the winnings have grown to 102917.31. How much did you win in the lottery?