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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 9%.
Future Value of Annuity. Stacey would like to have $1 million available to her at retirement. Her investments have an average annual return of 9%. If she makes contributions of $240 per month, will she reach her goal when she retires in 38 years? TUR The amount Stacy has after 38 years would be $ (Use your financial calculator and round to the nearest cent.) If she makes contributions of $240 per month, will she reach her goal when she retires in 38 years? (Select the best answer below.) OA. Yes OB. No
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