Let’s say that you want to make $1 000 000 through regular investments. How much would you need to contribute each year if:
The interest rate was 2% and you invested for twenty years?
The interest rate was 4% and you invested for ten years?
The interest rate was 4% and you invested for twenty years?
The interest rate was 10% and you invested for twenty years?
Stacey Warren - Expert brainly.com
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I would like to know the appropriate formula for this calculation.