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I am planning to retire in 30 years. I would like to have $1,000,000 by my retirement date to support my remaining life. How

What is the PV of an annuity that pays $4,000 at the end of each year for 7 years, when the interest rate is

I am planning to retire in 30 years. I would like to have $1,000,000 by my retirement date to support my remaining life. How much must I save each year if the average rate of return on my investment is 10% per year? What is the PV of an annuity that pays $4,000 at the end of each year for 7 years, when the interest rate is 10% per year?

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