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Mathematics, 01.01.2022 15:00 rachelkorkees

A $2.4 million state lottery pays $10,000 at the begin- ning of each month for 20 years. How much money must the state actually have in hand to set up the payments for this prize if money is worth 6.3%, com- pounded monthly?

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A $2.4 million state lottery pays $10,000 at the begin- ning of each month for 20 years. How much mo...

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