Question: HW21: Problem 1 Previous Problemm Problem List Next Problem (1 point) Bill makes annual deposits of $1500 to an an IRA earning 5% compounded annually

HW21: Problem 1 Previous Problemm Problem List Next Problem (1 point) Bill makes annual deposits of $1500 to an an IRA earning 5% compounded annually for 12 years. At the end of the 12 years Bill retires. a) What was the value of his IRA at the end of 12 years? Answer $ b) What is the largest amount Bill may withdraw annually for the next 17 years at 5 % compounded annually

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