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

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Alan Fillmore's lifelong dream is to own his own fishing boat to use in his retirement. Alan has recently come into an inheritance of $415,400. He estimates that the boat he wants will cost $340,500 when he retires in 6 years.
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How much of his inheritance must he invest at an annual rate of 3%(compounded annually) to buy the boat at retirement? (Round factor values to 5 decimal places, e.g.1.25124 and final answers to 0 decimal places, e.g.458,581.)
Investment amount $
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