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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%.

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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 $380 per month, will she reach her goal when she retires in 38 years? Review Only The amount Stacy has after 38 years would be $ round to the nearest cent.) - (Use your financial calculator and If she makes contributions of $380 per month, will she reach her goal when she retires in 38 years? (Select the best answer below.) A. No a. Yes 9: Definition Although the result 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 case

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