Question: Please provide work and steps (Excel formulas, etc.) Suppose that the government only contributes $2,000 per child at birth. Assuming an annual rate of return

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

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

Suppose that the government only contributes $2,000 per child at birth. Assuming an annual rate of return of 6%. How much additional savings would be required at the end of each year after birth (constant annual contribution) for you to have $2 million after 70 years

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