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Bob makes his first $1,400 deposit into an IRA earning 7.4% compounded annually his 24th birthday...

Bob makes his first $1,400 deposit into an IRA earning 7.4% compounded annually his 24th birthday and his last $1.400 deposit on his 36th birthday earn 7.4% interest compounded annually until Bob retires on his 65th birthday. How much is in the IRA when Bob retires? 13 equal deposits in all with no additional deposits the money in the IRA continues to The amount in the IRA when Bob retires is $ (Round to the nearest cent as needed.

Bob makes his first $1,400 deposit into an IRA earning 7.4% compounded annually his 24th birthday and his last $1.400 deposit on his 36th birthday earn 7.4% interest compounded annually until Bob retires on his 65th birthday. How much is in the IRA when Bob retires? 13 equal deposits in all with no additional deposits the money in the IRA continues to The amount in the IRA when Bob retires is $ (Round to the nearest cent as needed.
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File Home nert Page Layout Formulas Data Review View dd-Ins s Cut aCopy E AutoSum Calibri Wrap Text General в 1 프 . Ej-., Δ. : rーー 逻锂函Merge & Center. $, % , 弼,8 C Paste Conditional Format CeInsert Delete Format Formatting as Table Styles2 Clear Sort &Find & Format Painter Clipboard MO37 MJ Font Alignment Number Styles Cells Edting MK ML MN MO MP MQ MR MS MT MU MV 21 STEP 1 IRA DEPOSITS: FUTURE VALUE OF ANNUITY CONTRIBUTION NO OF DEPOSITS RATE 1400 13 7.40% 23 24 25 26 27 28 29 30 31 32 BALANCE IN IRA ON 36TH BIRTHDAY $ 28,938.80 [EXCEL FV(MS25,MS24,-MS23)] STEP 2 FUTURE VALUE NO OF YEARS AFTER LAST DEPOSIT BALANCE IN IRA 29 (65-36) ANSWER WHEN HE RETIRES $ 2,29,405.93 [ EXCEL FV(MS25,MS30,,-MS28)] 34 35 36 37 38 39 11 1 トーCALCULATOR LOAN OPTIONS | pv, fv, annu y i CAP STRU VALUE BOX DILUTION DOLLAR COST AVGMORTGAGE EXPO SheetiSheet2Shell rences: x261 福 130% 18:21 15-01-2019

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