Question: Bob makes his first $ 1 , 7 0 0 deposit into an IRA earning 7 . 6 % compounded annually on his 2 4

Bob makes his first $1,700 deposit into an IRA earning 7.6% compounded annually on his 24th birthday and his last $1,700 deposit on his 40th birthday (17 equal deposits in all). With no additional deposits, the money in the IRA continues to ear 76% interest compounded annually until Bob retires on his 65th birthday. How much is in the IRA when Bob retires?The amount in the IRA when Bob retires is $ (Round to the nearest cent as needed.)xampleGet more help -Clear allQSearch

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