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Adams Bowie is trying to determine the amount to set aside so that he will have enough money on hand in 2 years to overhaul

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Adams Bowie is trying to determine the amount to set aside so that he will have enough money on hand in 2 years to overhaul the engine on his vintage used car. While there is some uncertainty about the cost of engine overhaulsin 2 years, by conducting some research online, Adams has developed the following estimates. Engine Overhaul Estimated Cash Outflow Probability Assessment $310 10% 510 30% 740 50% 880 10% Click here to view factor tables How much should Adams Bowie deposit today in an account earning 8%, compounded annually, so that he will have enough money on hand in 2 years to pay for the overhaul? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to o decimal places, e. 3. 458,581.) Deposit amount 581.60

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