Question: 1 of 1 Open up Microsoft Excel and solve this problem: Dr. Pickens invests needs $1,000,000 in 30 years. He expects he can earn 9%

 1 of 1 Open up Microsoft Excel and solve this problem:

1 of 1 Open up Microsoft Excel and solve this problem: Dr. Pickens invests needs $1,000,000 in 30 years. He expects he can earn 9% compounded annually. How much does he need to invest as a lump sum (one payment) today to reach $1,000,000. $75.372

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