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You want to have $1,000,000 in 30 years

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January 8th, 2018

You want to have $1,000,000 in 30 years. You already have $50,000. You think you can get a 7% annual return on your money. How much per year will you have to save to get to $1,000,000?Ignore taxes. Show your work. If you use Excel, show the formula with the parameters and the answer. If you use a formula, provide the standard formula, the formula with terms substituted, and the answer. If you use a calculator, show the inputs and the answer

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