A state lotto has a prize that pays $1,600 each week for 25 years. Find the total value of the prize: $ If the state can earn 9% interest on investments, how much money will they need to put into an account

A state lotto has a prize that pays $1,600 each week for 25 years.

Find the total value of the prize: $

If the state can earn 9% interest on investments, how much money will they need to put into an account now to cover the weekly prize payments?

$

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A state lotto has a prize that pays $1,600 each week for 25 years. Find the total value of the prize: $ If the state can earn 9% interest on investments, how much money will the…

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