English Language and Literature homework help
English Language and Literature homework help. Bob makes his first $700 deposit into an IRA earning 6.9% compounded annually on his 24th birthday and his last $700 deposit on his 44th birthday (21 equal deposits in all). With on additional deposits, the money in the IRA continues to earn 6.9% interest compounded annually Bob retires on his 65th birthday. How much is in the IRA when Bob retires?