Solved: How much would you need to invest, Basic Statistics

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How much would you need to invest

If you were to calculate in excel: Not knowing how much you need to invest but wanting to make $75000 a year on the interest made from the initial investment compounded annually at 1% for 30 years with a payout for 15 years at $75000. How much would you need to invest initially?

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Basic Statistics: How much would you need to invest

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