Compute the total cost per year of the following pair of expenses. Then complete the sentence: On an annual basis, the first set of expenses l Vern buys four lottery tickets each week at a cost of $5 each and spends 5650 per year on his textbooks % of the money spent to buy textbooks On an annual basis, the money spent on lottery tickets is (Round to the nearest percent as needed)

Answer:% of the money spent to buy textbooks On an annual basis = 18.40%The total amount spent on the tickets per year = $1040Step-by-step explanation:Given:Number of lottery tickets bought per week = 4Cost of each lottery ticket = $5Amount spent on books per year = $5650Now, The total amount spent on the tickets per year = Total number of weeks per year × 4 × $5= 52 × 4 × $5= $1040% of the money spent to buy textbooks On an annual basis= [tex]\frac{\textup{Amount spent on lottery tickets per year}}{\textup{Amount spent on buying books per year}}\times100[/tex]=  [tex]\frac{\textup{1040}}{\textup{5650}}\times100[/tex]= 18.40%