Question
Neville Longbottom is a wizard who was brought up by his grandmother. His grandmother, Mrs. Augusta Longbottom, wanted to make sure that Neville was well
Neville Longbottom is a wizard who was brought up by his grandmother. His grandmother, Mrs. Augusta Longbottom, wanted to make sure that Neville was well taken care of for life. Neville's gran planned for him to receive 100 Galleons (wizard money) at the beginning of each month, while Neville went to school from 10 to 17. After that, she wanted Neville to be able to withdraw $1500 Galleons at the beginning of every year for three years (while Neville was in teacher training to become a Herbology professor). If the wizard bank gives 3% interest annually, how much did Mrs. Augusta Longbottom deposit in the bank when Neville was born?
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