Question

In this study concerning texans without college degrees who spend an average of $250 per year on the lottery, how much would he or she spend playing the lottery over the course of 30 years?

Answer 1

The total amount spent on lottery tickets by the individual over a period of 30 years is $7,500, which is obtained by multiplying the annual expense of $250 by the duration of 30 years.

Step-by-step explanation:

To calculate how much a Texan without a college degree would spend on the lottery over the course of 30 years, we'll use a simple multiplication operation. Given that the average annual expense on lottery tickets is $250, we multiply this amount by the number of years, which is 30.

Step-by-step calculation:

1. Determine yearly lottery expense: $250.
2. Multiply yearly expense by the number of years (30): $250 × 30.
3. Calculate the total amount spent over 30 years.

When we perform this calculation, we get:

$250/year × 30 years = $7,500 over 30 years.

Therefore, an individual would spend $7,500 on lottery tickets over a span of 30 years.

A Texan without a college degree spends $250 annually on lottery tickets. Over 30 years, this adds up to $7,500, which is the product of the yearly expense and the number of years.