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Posted: **Thu May 19, 2022 7:11 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 1 (21.13 KiB) Viewed 65 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.