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1. Future Value of Annuity. Stacey would like to have $1 million available to her at retirement. Her investments have an average annual return of

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1. Future Value of Annuity. Stacey would like to have $1 million available to her at retirement. Her investments have an average annual return of 12%. If she makes contributions of $130 per month, will she reach her goal when she retires in 31 years? The amount Stacy has after 31 years would be $ Use your financial cakular' and round to the nearestcent.) # she makes contrbutions of S130 per month, wil she reach her goal when she retires In 31 years? (Select the best answer below.) A No OB Yes Athough the resut the calculator returns may be a negative number, the amount should be stated as a positive value. Note that interest is compounded monthly in this caso

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