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Steve Fillmore's lifelong dream is to own his own fishing boat to use in his retirement. Steve has recently come into an inheritance of $
Steve Fillmore's lifelong dream is to own his own fishing boat to use in his retirement. Steve has recently come into an inheritance of $ 434,300. He estimates that the boat he wants will cost $ 346,500 when he retires in 6 years. Click here to view factor tables Assuming quarterly compounding of amounts invested at 10%, how much of Steve Fillmore's inheritance must be invested to have enough at retirement to buy the boat? (Round factor values to 5 decimal places, eg. 1.25124 and final answers to decimal places, eg. 458,581.) Investment amount $
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