How much will be left over in the reserve account?

The State of Florida sold a total of 36.1 million lottery tickets at $1 each during the first week o Show more The State of Florida sold a total of 36.1 million lottery tickets at $1 each during the first week of January 2006. As prize money a total of $41 million will be distributed ($1952381 at the beginning of each year) over the next 21 years. The distribution of the first-year prize money occurs now and the remaining lottery proceeds will be put into the states educational reserve fund which earns interest at the rate of 6% compounded annually. After making the last prize distribution (at the beginning of year 21) How much will be left over in the reserve account? Show less

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