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Chew on THIS Boys & Girls !!

Topic closed. Posted 11 years ago. No replies.

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United States
Member #21574
September 11, 2005
138 Posts
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Posted: September 16, 2005, 4:55 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