View Policies Current Attempt in Progress Morgan Fillmore's lifelong dream is to own his own fishing boat to use in his retirement. Morgan has recently come into an inheritance of $432,500. He estimates that the boat he wants will cost $344,700 when he retires in 6 years. Click here to view factor tables How much of his inheritance must he invest at an annual rate of 11% (compounded annually) to buy the boat at retirement? (Round factor values to 5 decimal places, eg. 1.25124 and final answers to O decimal places, e.g. 458,581.) Investment amount $