In Exercises 5152, use the formula for the value of an annuity and round to the nearest
Chapter 0, Problem 51(choose chapter or problem)
In Exercises 5152, use the formula for the value of an annuity and round to the nearest dollar.You spend $10 per week on lottery tickets, averaging$520 per year. Instead of buying tickets, if you depositedthe $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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