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The Set for Life instant scratch n' win ticket offers players a chance to win $1,000 per week for the next 25 years starting immediately
The Set for Life instant scratch n' win ticket offers players a chance to win $1,000 per week for the next 25 years starting immediately upon validation. If a winner was to invest all of his money into an account earning 5% compounded annually, how much money would he have at the end of his 25-year term. Assume each year has exactly 52 weeks.
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