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Tony Fillmore's lifelong dream is to own his own fishing boat to use in his retirement . Tony has recently come into an inheritance of

Tony Fillmore's lifelong dream is to own his own fishing boat to use in his retirement . Tony has recently come into an inheritance of $ 416,900 . He estimates that the boat he wants will cost $ 323,600 when he retires in 6 years Click here to view factor tables Assuming quarterly compounding of amounts invested at %, how much of Tony Fillmore's inheritance must be invested to have enough at retirement to buy the boat? (Round factor values to 5 decimal places, eg1.25124 and final answers to decimal placeseg 458.581.)
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Tony Filimore's lifelong dream is to own his own fishing boat to use in his retirement. Torry has recently come into an iniheritance of $416,900, He estimates that the boat he wants will cost $323,600 when he retlres in 6 years. Click here to view factor tables Assuming quarterly compounding of amounts invested at 8%, how much of Tony Fillmore's inheritance must be invested to have enough at retirement to buy the boat? (Round factor values to 5 declmal places, eg, 1.25124 and final answers to 0 decimal ploces, eg. 458,581) Investment amount

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