Question: I need help with the excel function please Question 7 10 pts After consulting with your financial advisor, you figured that you need $100,000 per

I need help with the excel function please

Question 7 10 pts After consulting with your financial advisor, you figured that you need $100,000 per year for your living during 30 years of the retirement period. You consider buying an annuity contract which will pay $100,000 at the end of every year. Assuming a rate of return of 7%, how much do you need today to buy the annuity contract? *Y to show its in Excel with the value of money variables. -$1,240,904 $1,327,767 -$1,327,767 $1,240,904

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