How much do get salary every month

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Problem 1: You win in a lottery 2 million euros. You invest this whole amount so that you get 5,5 % yearly interest. How much do you get "salary" every month?

Problem 2: You use part of your lottery winning to a sportscar and many other nice things. How much money you need to keep and invest with 5,5 per cents interest, that you get monthly 2000 euros?

Reference no: EM132835631

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