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A state lotto has a prize that pays $900 each week for 30 years. Find the total value of the prize: $ 1404000 If the
A state lotto has a prize that pays $900 each week for 30 years. Find the total value of the prize: $ 1404000 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?
please explain in clear form. I cannot figure out what formula to use.
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