can i get help on solving this

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$G$

How much money would you need to have saved today if you want to reach $$1$ million in $30$ years, and inflation grows at $3\%$ per year?

Hint: $3\%$ is the interest rate. No need for CH $14$ formulas as we did not cover that chapter.

Given $$1$ million in $30$ years

grows at $3\%$

Find

How much money would you need to have saved today

Solution

$\backslash$table$[[$PMT$,$rate,FV$,$N$,$PV$,$Answer,Formula$],[$$$0,3\%,$$$1,000,000,30,,$$$388,000,PV=F\frac{V}{(1+i{)}^N}$