How much should Alex invest to generate the cash flows described above?

Alex invested in a new start-up project. Due to the start-up project's nature, Alex will not receive any returns for the first 3 years. Alex is expected to receive equal annual payments beginning at the end of t=4 for the next 5 years from the company as a return on his investment. The start-up company promised to pay $3,000 at the end of each year during this period. They promised that they will let Alex know how much she should invest today to ensure these cash flows. Assume that the project will offer a rate of return of 6%. Use this information to answer the following questions