John Fillmore's lifelong dream is to own his own fishing boat to use in his retirement. John has recently come into an inheritance of $431,700. He estimates that the boat he wants will cost $326,200 when he retires in 6 years. Click here to view factor tables How much of his inheritance must he invest at an annual rate of 6% (compounded annually) to buy the boat at retirement? (Round for values to 5 decimal places, eg, 1.25124 and final answers to decimal places, eg. 458,581.) Investment amount $ Submit