A $2.4 million state lottery pays $10,000 at the beginning of each month for 20 years. How much money must the state actually have in hand to set up the payments for this prize if money is worth 7.1%, compounded monthly?

Ricky takes out a $31,800 student loan to pay his expenses while he is in college. after graduation, he will begin making payments of $190.66 per month for the next 30 years to pay off the loan. how much more will ricky end up paying for the loan than the original value of $31,800? ricky will end up paying $ more than he borrowed to pay off the loan.

Consider that lines b and c are parallel. what is the value of x? what is the measure of the smaller angle?

Solve: 25 points find the fifth term of an increasing geometric progression if the first term is equal to 7−3 √5 and each term (starting with the second) is equal to the difference of the term following it and the term preceding it.