Alysha is planning to live in a university residence for three years while completing her degree. The annual cost for food and lodging is $12.000 and must be paid at the start of each school year. What is the total present value of Alysha's residence fees if the discount rate (interest rate) is 7 percent per year? (Round answer to 2 decimal places, eg. 125.12. Do not round your intermediate calculations.) Total present value $