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Bill makes annual deposits of $1000 to an an IRA earning 6% compounded annually for 14 years. At the end of the 14 years Bill

Bill makes annual deposits of $1000 to an an IRA earning 6% compounded annually for 14 years. At the end of the 14 years Bill retires. a) What was the value of his IRA at the end of 14 years? Answer = $ b) What is the largest amount Bill may withdraw annually for the next 21 years at 6 % compounded annually? Answer = $

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