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Bob Katz would like to save $325,000 over the next 25 years. If Bob knows today that he will be given $150,000 in 15 years
Bob Katz would like to save $325,000 over the next 25 years. If Bob knows today that he will be given $150,000 in 15 years as part of an inheritance, how much would Bob need to save annually over the next 25 years assuming he earns 6% interest?
Group of answer choices
$2020
$1985
$1,027
$1483
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