Moving to Lake Wobegon is always an option.
sort of - I pictured a formula in my head, but didn't do the math. 100*(1 -.02)^5.
Most kids these days rely on the Pacific Northwest Tree Octopus to handle their finance calculations.
Why the minus sign? I get 100*(1 +.02)^5.
2. Lottery Division: If five people share winning lottery tickets and the total prize is two million Chilean pesos, how much would each receive?
Actually, 400,000 pesos is incorrect, because it fails to take taxes into consideration.
Chile has a 15% tax on lottery winnings.