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Algebra 8 Online
OpenStudy (ramennoodle01):

Bob makes his first $1300 deposit into an IRA earning 7.6% compounded annually on his 24th birthday and his last $1300 deposit on his 36th birthday (13 deposits in all). With no additional deposits, the money in the IRA continues to earn 7.6% interest compounded annually until Bob retires on his 65th birthday. How much is in the IRA when Bob retires?

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