Melissa has bought a $2 state lottery ticket every week for the past 20 years. This week
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Melissa has bought a $2 state lottery ticket every week for the past 20 years. This week she won for the first time—$2,000. Compare these winnings to her total investment, and explain if the lottery was a worthwhile endeavor for her.
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Amount Won 2000 Total Investment 20 x 52 20 104000 The lottery was worthwhile for ...View the full answer
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Related Book For
Financial Algebra Advanced Algebra With Financial Applications
ISBN: 9781337271790
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
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