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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 11%. 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 11%. If she makes contributions of $210 per month, will she reach her goal when she retires in 25 years? The amount Stacy has after 25 years would be ? (Use your financial calculator and round to the nearest cent.) If she makes contributions of$210 per month, will she reach her goal when she retires in 25 years? (Select the best answer below.)
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