. Kamil inherits R60 000 from his grandfather. He invests the money in a savings account which earns him 10% p.a. compounded quarterly for the first three years and then 8,8% compounded monthly for the next 5 years. After 4 years, Kamil withdraws R14 000 from his account and 3 years later, he deposits an amount of R6 000. How much money is in Kamil's account at the end of 8 years?
