In a lottery, 4% of the tickets printed can be redeemed for prizes, and 4% of those tickets have values in excess of $100. If the state prints 40,000 tickets, how many of them can be redeemed for more than $100?
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Editor
Sep 18, 2022
In a lottery, 4% of the tickets printed can be redeemed for prizes, and 4% of those tickets have values in excess of $100. If the state prints 40,000 tickets, how many of them can be redeemed for more than $100?