Erica will be considering doing her PhD studies at MIS at the University of Chicago. In an interview she was told that her studies would cost him $ 35,000.00 the first year, $ 38,000.00 for the second, $ 45,000.00 for the third and $ 52,000.00 the last year. Three friends and a teacher offered to grant him a scholarship. Each one is going to pay for a year of study. Money must be available one year before the start of the school year. How much would her friends and her teacher have to deposit him at the end of this year if she started studying in 2025 each person? Interest at 5%