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 16:00
Which term best describes the association between variables a and b? no association a negative linear association a positive linear association a nonlinear association a scatterplot with an x axis labeled, variable a from zero to ten in increments of two and the y axis labeled, variable b from zero to one hundred forty in increments of twenty with fifteen points in a positive trend.
Answers: 2
question
Mathematics, 21.06.2019 21:30
Awater truck is filling a swimming pool. the equation that represents this relationship is y=19.75x where y is the number of gallons of water in the pool and x is the number of minutes the truck has been filling the pool.
Answers: 1
question
Mathematics, 21.06.2019 21:50
What is the product? a-3/15a × 5/a-3
Answers: 1
question
Mathematics, 22.06.2019 00:00
Maci and i are making a small kite. two sides are 10". two sides are 5". the shorter diagonal is 6". round all your answers to the nearest tenth. 1. what is the distance from the peak of the kite to the intersection of the diagonals? 2. what is the distance from intersection of the diagonals to the top of the tail? 3. what is the length of the longer diagonal?
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
History, 07.04.2021 05:20