1 Bob makes his first $800 deposit into an IRA earning 7.2% compounded annually on his 24th birthday and his last $800 deposit on his 35th birthday (12 equal deposits in all). With no additional deposits, the money in the IRA continues to earn 7.2% 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 retiros in (Round to the nearest cent as needed.) 13 23 2 : ry