Arizona State University FIN FIN MISC Bob Katz would like to save $350,000 over the next 25 years.If Bob knows today that he will be given $150,000 in 15 years as part of an inheritance,
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?
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