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= Homework: Quiz 3.... Question 8, 3.3.39-BE HW Score: 22.22%, 2 of 9 points Save O Points: 0 of 1 Bob makes his first $1,000

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= Homework: Quiz 3.... Question 8, 3.3.39-BE HW Score: 22.22%, 2 of 9 points Save O Points: 0 of 1 Bob makes his first $1,000 deposit into an IRA arning 75% compounded annually on his 24th birthday and his last $1.000 deposit on his 43rd birthday (20 equal deposits in all). With no additional deposits, the money in the IRA continues to earn 75% interest compounded annually until Bob retires on his 65th birthday. How much is in the IRA when Bob retires? The amount in the IRA when Bob retires is 5 SH (Round to the nearest cont as needed

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