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Question 4 of 13 -/1 View Policies Current Attempt in Progress Henry Bowie is trying to determine the amount to set aside so that he

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Question 4 of 13 -/1 View Policies Current Attempt in Progress Henry Bowie is trying to determine the amount to set aside so that he will have enough money on hand in 3 years to overhaul the engine on his vintage used car. While there is some uncertainty about the cost of engine overhauls in 3 years, by conducting some research online, Henry has developed the following estimates. Engine Overhaul Estimated Cash Probability Outflow Assessment $370 10% 470 30% 720 760 10% 50% Click here to view factor tables How much should Henry Bowie deposit today in an account earning 6%, compounded annually, so that he will have enough money on hand in 3 years to pay for the overhaul? (Round factor values to 5 decimal places, eg. 1.25124 and final answer to decimal places, eg, 458,581.) Deposit amount $

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