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Chew on this Boys & Girls !!

Topic closed. 1 reply. Last post 11 years ago by Todd.

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United States
Member #21574
September 11, 2005
138 Posts
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Posted: September 16, 2005, 4:48 pm - IP Logged

Somebody PLEASE visit these links and extract the ALGORITHM to verify the ACCURACY of the GRADUATED ANNUNITY tables presented.  It looks like a COMPOUND INTEREST calculation however, I can't determine the EXACT MATH.

Everybody says each payment bumps approx 4% however, that does NOT answer the question.  Any useful links would be appreciated.

http://www.ctlottery.org/powerball.htm

scroll down 3/4 of the page to view the table

http://www.pabulletin.com/secure/data/vol35/35-30/1401.html

scroll down 1/4 of the page to view the table

    Todd's avatar - Cylon 2.gif
    Chief Bottle Washer
    New Jersey
    United States
    Member #1
    May 31, 2000
    23274 Posts
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    Posted: September 16, 2005, 8:20 pm - IP Logged

    I have the exact computation, and will release it pretty soon on USA Mega.  Many thanks to Ric.

     

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