subject
Mathematics, 24.04.2020 18:08 1tallison1

A state lotto has a prize that pays $1,400 each week for 25 years.

Find the total value of the prize: $1,820,000

If the state can earn 7% interest on investments, how much money will they need to put into an account now to cover the weekly prize payments?

I really need help with the process of finding the answer. This question is from my survey of mathematics class.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 16:20
Match each statement with its corresponding value for the system below: y = -2(3)x and y = 9x - 2 1. the number of points of intersection. -2 2. the x-coordinate of the solution. 1 3. the y-coordinate of the solution. 0
Answers: 3
question
Mathematics, 21.06.2019 17:30
Regular price 75$ discount 25%sale price?
Answers: 2
question
Mathematics, 21.06.2019 19:00
The graph shows the charges for a health club in a month. make a function table for the input-output values. writes an equation that can be used to find the total charge y for the number of x classes
Answers: 2
question
Mathematics, 21.06.2019 20:40
Which table represents points on the graph of h(x) = 3√-x+2?
Answers: 3
You know the right answer?
A state lotto has a prize that pays $1,400 each week for 25 years.

Find the total value...
Questions
question
Health, 17.10.2019 05:00
Questions on the website: 13722360