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Bob makes his first $ 900deposit into an IRA earning 6.6 % Compounded annually on his 24th birthday and his last $ 900deposit on his
Bob makes his first $ 900deposit into an IRA earning 6.6 % Compounded annually on his 24th birthday and his last $ 900deposit on his 39Th birthday (16equal deposits in all). With no additionaldeposits, 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 Bobretires?
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