Current Attempt in Progress Michelle wants to buy a mountain cabin for her retirement. Michelle recently came into an inheritance of $330,000. She estimates that the cabin she wants will cost $360,000 when she retires in 7 years. Click here to view the factor table. How much of her inheritance must she invest at an annual rate of 12% (compounded annually) to buy her cabin? (For calculation purposes, use 5 decimal places as displayed in the factor table provided and final answer to Q decimal places, e.g. 458,581.) Investment amount $ eTextbook and Media Save for Later Attempts: unlimited Submit Answer