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Question 4 View Policies Show Attempt History Current Attempt in Progress 0/1 . Your answer is incorrect. John Fillmore's lifelong dream is to own his
Question 4 View Policies Show Attempt History Current Attempt in Progress 0/1 . Your answer is incorrect. 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 $439,600. He estimates that the boat he wants will cost $320,800 when he retires in 5 years. Click here to view factor tables Assuming quarterly compounding of amounts invested at 10%, how much of John Fillmore's inheritance must be invested to have enough at retirement to buy the boat? (Round factor values to 5 decimal places, e.g. 1.25124 and final answers to decimal places, e.g. 458,581.) Investment amount $ 1991 e Textbook and Media Attempts: 1 of 3 used Save for Later Submit Answer Send to Gradebook 10/16/2019 ace
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