A state lotto has a prize that pays $500 each week for 35 years. Find the total value of the prize: 8 If the state can e

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

A state lotto has a prize that pays $500 each week for 35 years. Find the total value of the prize: 8 If the state can e

Post by answerhappygod »

A State Lotto Has A Prize That Pays 500 Each Week For 35 Years Find The Total Value Of The Prize 8 If The State Can E 1
A State Lotto Has A Prize That Pays 500 Each Week For 35 Years Find The Total Value Of The Prize 8 If The State Can E 1 (21.13 KiB) Viewed 63 times
A state lotto has a prize that pays $500 each week for 35 years. Find the total value of the prize: 8 If the state can earn 5% interest on investments, how much money will they need to put into an account now to cover the weekly prize payments? Reminder: There are 52 weeks in a year.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”