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Bob makes his first $ 1 , 5 0 0 deposit into an IRA earning 6 . 6 % compounded annually on his 2 4
Bob makes his first $ deposit into an IRA earning compounded annually on his th birthday and his last $ deposit on his th birthday equal deposits in all Bob then stops making deposits. With no additional deposits, the money in the IRA continues to earn interest compounded annually for an additional years until Bob retires on his th birthday. How much is in the IRA when Bob retires?
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