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(1 point) Bill makes annual deposits of $1300 to an an IRA earning 10% compounded annually for 16 years. At the end of the 16

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(1 point) Bill makes annual deposits of $1300 to an an IRA earning 10% compounded annually for 16 years. At the end of the 16 years Bill retires. a) What was the value of his IRA at the end of 16 years? Answer = $ b) What is the largest amount Bill may withdraw annually for the next 10 years at 10 % compounded annually? Answer = $

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