HW21: Problem 3 Previous Problem Problem List Next Problem (1 point) Bob makes his first $800 deposit into an IRA earning 6.5% compounded annually on the day he turns 28 and his last $800 deposit on the day he turns 46 (19 equal deposits in all.) With no additional deposits, the money in the IRA continues to earn 6.5 % interest compounded annually until Bob retires on his 65th birthday. How much is the IRA worth when Bob retires? Value of the IRA on Bob's 65th birthday: $10,869.77 (Note: The answer is a dollar amount, should include a dollar sign, and should be accurate to two decimal places). Hint: BERE