Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
) Bob makes his first $1000 deposit into an IRA earning 6.4% interest compounded quarterly on his 24th birthday and his last $1000 deposit on his...
4.) Bob makes his first $1000 deposit into an IRA earning 6.4% interest compounded quarterly on his 24th birthday and his last $1000 deposit on his 35th birthday (12 equal deposits in all). With no additional deposits, the money in the IRA continues to earn 6.4% interest compounded quarterly for 30 more years, at which time he retires. How much is in the IRA at retirement?
