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John Fillmores lifelong dream is to own his own fishing boat to use in his retirement. John has recently come into an inheritance of $430,400.

John Fillmores lifelong dream is to own his own fishing boat to use in his retirement. John has recently come into an inheritance of $430,400. He estimates that the boat he wants will cost $343,600 when he retires in 4 years Assuming quarterly compounding of amounts invested at 12%, how much of John Fillmores inheritance must be invested to have enough at retirement to buy the boat?

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