Question: Your retirement account (which is expected to yield 7.24% return per year) has a current balance of $50,000. How much would need to invest each

Your retirement account (which is expected to yield 7.24% return per year) has a current balance of $50,000. How much would need to invest each year in order to accumulate a total of $1,000,000 in 30 years? Show the formula and steps along with explanation

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