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A state lotto has a prize that pays $1,400 each week for 25 years.

Find the total value of the prize: $1,820,000

If the state can earn 7% interest on investments, how much money will they need to put into an account now to cover the weekly prize payments?

I really need help with the process of finding the answer. This question is from my survey of mathematics class.

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Answer:

Explanation:

User Tuncay
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