Question
Bob makes his first $700 deposit into an IRA earning 6.6% compounded annually on his 24th birthday and his last $700 deposit on his 36th
Bob makes his first $700 deposit into an IRA earning 6.6% compounded annually on his 24th birthday and his last $700 deposit on his 36th Birthday ?(13 equal deposits in? all). With no additional? deposits, the money in the IRA continues to earn 6.6% interest compounded annually until Bob retires on his 65th birthday. How much is in the IRA when Bob? retires?
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
3rd Edition
9780078025525, 9780077517359, 77517350, 978-0077398194
