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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 8%. If
Future Value of Annuity.Stacey would like to have $1 million available to her at retirement. Her investments have an average annual return of 8%. If she makes contributions of
$200per month, will she reach her goal when she retires in 39 years?
The amount Stacy has after 39years would be _? (Nearest cent)
If she makes contributions of $200 per month, will she reach her goal when she retires in 39 years?
Yes or no?
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