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Mathematics, 26.03.2020 00:58 sneckoencko

A state lotto has a prize that pays $1,200 each week for 40 years. Find the total value of the prize. If the state can earn 9% interest on investments, how much money will they need to put into an account now to cover the weekly prize payments?

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A state lotto has a prize that pays $1,200 each week for 40 years. Find the total value of the prize...
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