Question: HW21: Problem 3 Previous Problem Problem List Next Problem point Bob makes his first 5800 deposit into an IRA earning 6.5% compounded annually on the
HW21: Problem 3 Previous Problem Problem List Next Problem point Bob makes his first 5800 deposit into an IRA earning 6.5% compounded annually on the day he turns 28 and Islas SCO deposit on the clay 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 IBA on Bob's 65th birthday (Note: The answer is a dollar amount, should include a doilar sin, and should pe aturate to two decimal places)
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