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View Policies Current Attempt in Progress Leon Fillmore's lifelong dream is to own his own fishing boat to use in his retirement. Leon has recently

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Leon Fillmore's lifelong dream is to own his own fishing boat to use in his retirement. Leon has recently come into an inheritance of $420,900. He estimates that the boat he wants will cost $339,800 when he retires in 4 years.
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Assuming quarterly compounding of amounts invested at 12%, how much of Leon 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 0 decimal places, e.g.458,581.)
Investment amount
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