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The Missouri lotto awarded a prize of $420,000 a year for the next 25 years starting today. If the state sold $18,500,000 in lotto tickets,

The Missouri lotto awarded a prize of $420,000 a year for the next 25 years starting today. If the state sold $18,500,000 in lotto tickets, what proportion of the sales will the state distribute if it earns 8% annually on invested funds?

26.17%

24.23%

56.75%

25.72%

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