Solved: You spend $10 per week on lottery tickets,
Chapter 0, Problem Chapter 10.54(choose chapter or problem)
You spend $10 per week on lottery tickets, averaging $520 per year. Instead of buying tickets, if you deposited the $520 at the end of each year in an annuity paying 6% compounded annually, a. How much would you have after 20 years? b. Find the interest.
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