Question: Please provide explanation with correct answer. Thanks! Question 2 2 pts Bob Katz would like to save $275,000 over the next 20 years. If Bob

Please provide explanation with correct answer. Thanks!

Question 2 2 pts Bob Katz would like to save $275,000 over the next 20 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 20 years assuming he earns 6% interest? $2020 $1985 $1824 $1483

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