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2.) John Fillmores lifelong dream is to own his own fishing boat to use in his retirement. John has recently come into an inheritance of

2.) John Fillmores lifelong dream is to own his own fishing boat to use in his retirement. John has recently come into an inheritance of $417,200. He estimates that the boat he wants will cost $342,200 when he retires in 6 years .Assuming quarterly compounding of amounts invested at 12%, how much of John Fillmores inheritance must be invested to have enough at retirement to buy the boat?

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