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

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Chris Fillmore's lifelong dream is to own his own fishing boat to use in his retirement. Chris has recently come into an inheritance of $416,900. He estimates that the boat he wants will cost $323,600 when he retires in 5 years. Click here to view factor tables. Assuming quarterly compounding of amounts invested at 8%, how much of Chris Fillmore's inheritance must be invested to have enough at retirement to buy the boat? (Round factor values to 5 decimal places, eg. 1.25124 and final answer to O decimal places, e.g 458,581) Investment amount 220236

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