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Leon Filimore's Helong dream is to own his own fishing boat to use in his retirement. Leon has recently come into an inheritance of $401,600.

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Leon Filimore's Helong dream is to own his own fishing boat to use in his retirement. Leon has recently come into an inheritance of $401,600. He estimates that the boat he wants will cost $310,600 when he retires in 6 years. Click here to view factor tabies How much of his inheritance must he irvest at an anoual rate of 4% (compounded annually) co buy the boat at retirement? (Round factor values to 5 decimal places, eg. 1.25124 and final answers to 0 decimal places, es, 458,581.)

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