Question: Please provide work and steps (Excel formulas, etc.) Suppose that the government contributes $6,750 per child at birth and that in addition, your family contributes

Please provide work and steps (Excel formulas, etc.) Suppose that the

Please provide work and steps (Excel formulas, etc.)

Suppose that the government contributes $6,750 per child at birth and that in addition, your family contributes $1,000 to your retirement savings at the end of each year after birth. What annual rate of return is required for you to have $5 million after 70 years

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