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Henry Fillmore's lifelong dream is to own his own fishing boat to use in his retirement. Henry has recently come into an inheritance of $445,400.

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Henry Fillmore's lifelong dream is to own his own fishing boat to use in his retirement. Henry has recently come into an inheritance of $445,400. He estimates that the boat he wants will cost $348,100 when he retires in 5 years. Click here to view factor tables. How much of his inheritance must he invest at an annual rate of 6% (compounded annually) to bury the boat at retirement? (Round foctor values to 5 decimal ploces, es. 1.25124 and final answer to 0 decimal ploces, eg. 458,581.) Investment amount $

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