Bill deposited $5,000 into a traditional IRA this year. He expects his account will earn an average annual rate of 8.25%, and he plans to withdraw the money in 24 years. His current income tax rate is 32%, but he anticipates that his income tax rate will be 25% when he withdraws the money. How much will Bill save in income taxes this year? 0 $0.00 O $1,600.00 O $13,386.04 O $8,378.76