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Adams Fillmore's lifelong dream is to own his own fishing boat to use in his retirement. Adams has recently come into an inheritance of $427,400.

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Adams Fillmore's lifelong dream is to own his own fishing boat to use in his retirement. Adams has recently come into an inheritance of $427,400. He estimates that the boat he wants will cost $339,900 when he retires in 4 years. Click here to view factor tables Assuming quarterly compounding of amounts invested at 8%, how much of Adams Fllimore's inheritance must be irvested to have enough at retirement to buy the boat? (Round factor volues to 5 decimal places, es. 1.25124 and final anwers to 0 decimal places, es. 458,581. imvestment amount

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