Question: Previous Problem Problern List Next Problem (1 point) Bob makes his first $850 deposit into an IRA earning 6.5% compounded annually on the day he
Previous Problem Problern List Next Problem (1 point) Bob makes his first $850 deposit into an IRA earning 6.5% compounded annually on the day he turns 23 and his last $850 deposit on the day he turns 43 (21 equal deposits in all.) With no additional deposits, the money in the IRA continues to earn 6.5% interest compounded annually unti Bob retiren on his 65th birthday. How much is the IRA worth when Bob retires? Value of the IRA on Bob's 65th birthday
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